Amazon invest Rs7 billion in its India payment unit ahead of festive season1 min read 09 Oct 2020, 10:33 AM IST
Amazon will begin its festive season sales on 17 October, and has been trying to encourage payments through Amazon Pay with cashbacks and other rewards
Amazon, Mukesh Ambani-led Reliance Industries and Walmart Inc's Flipkart are in a race to gain market share in India's fast-growing online market
BENGALURU : Amazon.com Inc has invested 7 billion rupees ($95.51 million) in its Indian payments unit, ahead of the festive season, data from business intelligence firm Tofler showed.
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