Amazon joins list of foreign firms that got suckered

Passed over by Future Group in favour of Reliance Retail, the e-commerce giant comes face to face with the perils of doing business in India.

16 October, 20209 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

Can Amazon pass the diagnostics test?

The e-commerce giant’s entry into the home diagnostics market may have spooked competitors, but it will have to bring its A-game to ace this.

Internet
Story image

Investor exits at The Good Glamm Group signal a sobering and bitter outcome

Three board members have exited the beauty company, amid a severe cash crunch and an unraveling content-to-commerce narrative. New conversations suggest this billion-dollar story may have been all hype.

Business
Story image

Why is Reliance taking Campa Cola to the Middle East?

The region’s growing demand for carbonated beverages and the presence of a large Indian diaspora present an opportunity for the Mukesh Ambani-led conglomerate to up its FMCG game through the iconic brand.