Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Exclusive: Amazon India’s e-comm and logistics arms set for merger
This article discusses the impending merger of Amazon India's e-commerce and logistics arms, Amazon Seller Services and Amazon Transport Services. Amazon Seller Services will be the transferee, and Amazon Transport Services will be the transferor. The share exchange ratio between the two firms will be determined by PwC. Amazon Seller Services, launched in 2013, is the marketplace arm of Amazon India, enabling third-party sellers. Amazon Transport Services (ATS), launched in 2015, manages transportation, delivery, and supply chain for Amazon's e-commerce operations. Both entities previously operated independently. Amazon Corporate Holdings Pvt. Ltd. is their immediate parent company, with Amazon.com, Inc. (USA) as the ultimate holding company. The article also mentions Amazon's recent decision to shut down its refurbished platform, Renewed, for external sellers, citing increasing challenges.