NCLT approves merger of Amazon's logistics and marketplace units
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The National Company Law Tribunal (NCLT) has approved the merger of Amazon Transportation Services with Amazon Seller Services. This consolidation aims to create operational synergies and enhance shareholder value amid increasing competition and regulatory scrutiny in India. Amazon plans to invest US $30 billion in the country by 2030 to bolster its logistics network.
Not investment advice. For informational purposes only.