News > Why Amazon and Reliance are clashing in India over a cash-strapped retail chain?
Why Amazon and Reliance are clashing in India over a cash-strapped retail chain?
30/10/2020 09:04 AM | Click to read full article
What's at stake is strategic access to a network of popular grocery stores and retail shops in India — something both Amazon and Reliance want to either have for themselves or to prevent the other from acquiring. "If someone backs down, it will give the impression that one has lost and the other has won, when the fight has just started," said Counterpoint Research analyst Tarun Pathak.
It might end up becoming an ego battle between the CEOs.
