Amazon eyeing acquisition of Indian video streaming leader - TechCrunch
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Amazon (NASDAQ:AMZN) is holding discussions with the parent of video on-demand provider MX Player, according to TechCrunch.

Citing âfour sources familiar with the matter,â the discussions remain preliminary and may not result in a deal. The video player is reported to court over 150M users and is valued at around $500M.

Times Internet, the parent company of MX Player, is said to be entertaining competing offers for the video service. Zee-Sony is among the bidders, per the outletâs sources.
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