Amazon eyes India IPO, in talks to spin off country division: Report

World’s largest e-commerce company Amazon is considering spinning off its India business and listing it on the domestic stock market, YourStory reported. If executed, this move would allow Amazon to solidify its presence in one of the fastest-growing digital marketplaces while navigating India’s strict e-commerce regulations.

The Seattle-based giant, currently the second-largest player in India after Flipkart, has begun discussions with investment banks regarding the potential listing.