--Amazon.com Inc. (AMZN) agreed to buy a 49% stake in India-based Future Coupons, which has operations including gift cards and loyalty cards, TechCrunch reported Thursday.

--The agreement includes a call option for Amazon to buy shares of Future Retail Ltd., according to the report.

Full story: https://techcrunch.com/2019/08/22/amazon-future-coupons/

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

August 22, 2019 15:59 ET (19:59 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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