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Chronicles

The story behind the story

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A look at the legal fight between Amazon and Reliance over Indian retail company Future Group, which has agreed to sell its retail assets to Reliance for $3.4B

Aman Sethi / New York Times : Tweets: @nytimes , @raju , @dealbook , and @dealbook Tweets: @nytimes : A grocery chain in India is at the center of a battle between Amazon and one of the world's richest men, as they compete to gain a key foothold in the country's nascent e-commerce market. https://www.nytimes.com/... Raju Narisetti / @raju : There is a very long track-record of international companies winning regulatory/legal/arbitration cases and still losing the game anyway in a deeply non-level playing field. @Amazon vs India's richest, deep tentacled billionaire feels like a very similar outcome lies ahead https://twitter.com/... @dealbook : Big Bazaar's brick-and-mortar supermarkets, snack shops and fashion outlets make it a prize for companies that want a piece of India's fast-growing technology and e-commerce market. Those companies include Amazon. https://www.nytimes.com/... @dealbook : Reliance Industries, one of the biggest companies in India, shouldered aside Amazon and struck a deal to buy the Future Group for $3.4 billion. The American technology giant is now trying to stop the deal through arbitration proceedings. https://www.nytimes.com/...

New York Times Aman Sethi

Discussion

  • @nytimes @nytimes on x
    A grocery chain in India is at the center of a battle between Amazon and one of the world's richest men, as they compete to gain a key foothold in the country's nascent e-commerce market. https://www.nytimes.com/...
  • @raju Raju Narisetti on x
    There is a very long track-record of international companies winning regulatory/legal/arbitration cases and still losing the game anyway in a deeply non-level playing field. @Amazon vs India's richest, deep tentacled billionaire feels like a very similar outcome lies ahead https:…
  • @dealbook @dealbook on x
    Big Bazaar's brick-and-mortar supermarkets, snack shops and fashion outlets make it a prize for companies that want a piece of India's fast-growing technology and e-commerce market. Those companies include Amazon. https://www.nytimes.com/...
  • @dealbook @dealbook on x
    Reliance Industries, one of the biggest companies in India, shouldered aside Amazon and struck a deal to buy the Future Group for $3.4 billion. The American technology giant is now trying to stop the deal through arbitration proceedings. https://www.nytimes.com/...