Expansion● Neutral for Indian equities
Amazon targets festive shoppers beyond metros as Prime membership base aims to double
The brief
- Amazon expects its Prime membership base to double from 2023 by year-end
- Oppo launches F35 5G series in India; sales begin later this month
- Amazon explores shifting $8 billion of Nvidia chips to investors and leasing them back
- Amazon Now reaches 120 cities, targets 300 by end-2026
- Anthropic IPO filing shows 47% of sales came through Amazon and Google