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Amazon Eyes India Spinoff, IPO
Financial Express Ahmedabad
|March 18, 2025
WHEN CONTACTED, AN Amazon spokesperson declined to confirm the development, stating that the company does not respond to "rumours and speculations".
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As per current government regulations, e-commerce firms in the business-to-consumer (B2C) segment cannot hold inventory if FDI in them is 51% and above. They can only act as a platform for independent sellers to retail their products, which is called a marketplace model.
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