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New FDI norms: Shoppers Stop reviewing online play

Updated : January 08, 2019 04:50 PM IST

The retail chain that also runs Crossword, is in the process of reviewing the clause suggested in the FDI policy on e-commerce with respect to exclusive sale of products on the platform, said sources.
Amazon picked up 5 percent stake in Shoppers Stop for Rs 180 crore in 2017.
Shoppers Stop had also entered into an exclusive partnership with Amazon Seller Services to sell all its private labels and brands.
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