Shoppers Stop

By Offering A 4% Stake For INR 276 Cr, Amazon Exits Shoppers Stop

By selling a nearly 4% share in the retail chain for INR 275.88 Cr in a block deal, e-commerce giant Amazon has left Shoppers Stop. According to NSE statistics, on December 18, Amazon.com NV Investment Holdings sold 43.95 lakh Shoppers Stop shares for INR 627.6 each.

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Shoppers Stop Business Model | How does Shoppers Stop Make Money

Shoppers Stop was a forerunner in India's retail boom. They have developed from a sole 372sq.m retail in 1991 to 86 locations in 40 Indian cities now. Through constant advancement, the company is primed to have great potential. Well with the assistance of renowned and key allies,