Amazon to buy 9.5% stake in Future Retail for â¹2,500 cr: Reports
Amazon is set to acquire 9.5% stake in Kishore Biyani-led Future Retail next week for about â¹2,500 crore, according to reports. Future Retail runs retail chains such as Big Bazaar, EasyDay and HyperCity and has over 1,100 stores across India. The talks between the companies reportedly began when Biyani met Jeff Bezos in the US in January this year.