A look at Mukesh Ambani’s US$2.5 billion shopping spree provides an insight into how he plans to take on Amazon in India

//A look at Mukesh Ambani’s US$2.5 billion shopping spree provides an insight into how he plans to take on Amazon in India

A look at Mukesh Ambani’s US$2.5 billion shopping spree provides an insight into how he plans to take on Amazon in India

A US$2.5 billion spending spree involving more than two dozen deals provides some insight into how Mukesh Ambani is piecing together a strategy to take on Amazon.com in India.Asia’s richest man is sharpening his focus on e-commerce with a string of tiny acquisitions and stake purchases to face the world’s largest online retailer, after shaking up India’s telecommunications industry with cheap data and free calls.The acquisitions represent a new strategy for Ambani’s Reliance Group, whose…

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By | 2019-04-08T08:10:53+00:00 April 8th, 2019|Technology|Comments Off on A look at Mukesh Ambani’s US$2.5 billion shopping spree provides an insight into how he plans to take on Amazon in India