Bezos v Ambani in battle over India's e-commerce

Two of the world’s richest men seek dominance in a booming sector

Amazon chief executive Jeff Bezos (left) is squaring up against Reliance Industries founder Mukesh Ambani. PHOTOS: REUTERS
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(FINANCIAL TIMES) - Amazon chief executive Jeff Bezos is squaring up against Reliance Industries founder Mukesh Ambani over the Indian retailer Future Group, drawing battle lines between two of the world's richest men over the country's lucrative e-commerce market.

On Sunday, the Singapore International Arbitration Centre granted an emergency interim order in Amazon's favour, after the US tech group filed a complaint connected to a US$3.4 billion (S$4.6 billion) deal that Reliance struck with Future Group in August.

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