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Amazon infuses $40m into Indian payments arm

GlobalData
Summary
Nutrition label

80% Informative

Amazon has invested $ 40 m into its digital payments arm, Amazon Pay India , through a rights issue.

The investment involved the allotment of 35 million equity shares to its parent entities, Amazon Corporate Holdings and Amazon.com .

Amazon Pay holds the eighth position in India 's Unified Payments Interface transaction volume rankings.

VR Score

77

Informative language

73

Neutral language

88

Article tone

formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links