Amazon acquires social commerce startup GlowRoad
Shortpedia
Content Team
Image Credit: entracker
Amazon finally has stakes in the social commerce space in a bid to compete with both Meesho and Flipkart. The e-commerce giant has acquired social commerce platform GlowRoad—a company that lets people resell products from suppliers for a commission on sales. While the terms of the acquisition were not disclosed, sources indicate that it’s an all-cash deal.
