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AMZN - Amazon Makes A Big Splash In Travel Industry
Amazon.com Inc.
Amazon (AMZN) has started offering to book airline tickets from its platform. This service has been launched in collaboration with ClearTrip in India. Amazon is also offering healthy discounts of up to INR 2000 (approx. $30) if customers book domestic flights from its platform. Amazon Pay offers other services in this region like payment of mobile, cable, utilities, gift cards, etc.
This service will allow the company to stand out in a very crowded digital wallet industry. There are other big players like Google (GOOG) (GOOGL), Walmart (WMT) and