Showing posts with label Amazon.com. Show all posts
Showing posts with label Amazon.com. Show all posts

Amazon says to invest $2 billion more in India


Amazon says to invest $2 billion more in India
Amazon.com Inc will spend an extra USD 2 billion in India as the e-commerce huge ramps up business in the country, the company said on Wednesday, a day later than local opponent Flipkart announced a bright round of backing merit USD 1 billion.

"With this supplementary speculation of USD 2 billion, our team can go on to think big, innovate, and lift the bar for clientele in India. At present level and increase rates, India is on pathway to be our best ever country ever to a billion dollars in gross sales," Chief Executive Jeff Bezos said in a report.

Amazon.com

  • Industry: Internet & Catalog Retail
  • Founded: 1994
  • Country: United States
    Profile
    Amazon.com, Inc. (Amazon.com), incorporated on May 28, 1996, serves consumers through its retail websites and focus on selection, price, and convenience. The Company also manufactures and sell Kindle devices. It offers programs that enable sellers to sell their products on its websites and their own branded websites and to fulfill orders through them , and