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India's Reliance Retail acquires a majority stake in online pharmacy Nedmeds' parent firm for $
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Reliance Retail has bought a 60% stake in pharma marketplace Netmeds' parent firm Vitalic for about $83.2 million, it said today, as India's largest retail chain looks to expand into new categories and compete more closely with American e-commerce group Amazon. Reliance Retail said the deal, …
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