Amazon to Work With India's Future Retail on Online Sales
January 05 2020 - 11:32PM
Dow Jones News
By Yifan Wang
Amazon.com Inc. (AMZN) plans to work with India's major retailer
Future Retail Ltd. (540064.BY) on online sales, the companies
said.
Amazon India will become the authorized online sales channel for
stores operated by Future Retail, the companies said in a stock
exchange filing Monday.
Future Retail will also offer products on Amazon's online
grocery-delivery programs in Delhi, Mumbai, Bengaluru and
Hyderabad, according to the statement.
The collaboration brings together Future Retail's extensive
geographical reach and Amazon's consumer insights, the two
said.
Specific financial arrangements of the tie-up hasn't been
disclosed.
Write to Yifan Wang at yifan.wang@wsj.com
(END) Dow Jones Newswires
January 05, 2020 23:17 ET (04:17 GMT)
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