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Amazon start partnership with India's massive store Future Retail

Discussion in 'Business News & Resources' started by Dan G, Jan 9, 2020.

  1. Dan G

    Dan G

    Joined:
    Jul 9, 2019
    Messages:
    42
    This Monday Amazon announced that it had started to work with Future Retail with a primary focus on groceries, fashion, appliances, home and kitchen.

    Future Retail has over 350 million footfalls across its network, and was only responsible for bringing 7/11 convenience stores into the Indian market.

    Despite its giant status Future Group has been predominantely offline until now and it certainly makes logic sense for Amazon to gain a foothold and market share using an already established local presence.

    With a population of 1.37 billion (worldpopulationreview.com), India is only marginally behind China as the 2nd largest population worldwide - so it is certainly not an opportunuity to be sniffed at.
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