Amazon founder Jeff Bezos said that the company plans to invest $1B in digitizing small and medium businesses in India
said Wednesday that his company plans to invest $1 billion in digitizing small and medium businesses in India.
He addressed representatives of small and medium businesses in New Delhi. Amazon.com launched e-commerce in India through Amazon India in 2013. There are more than 550,000 sellers on Amazon India and more than 60,000 Indian manufacturers and brands are exporting their products to customers worldwide through Amazon, according to the Press Trust of India news agency.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Under fire in India, Amazon offers small business owners $1 billion olive branchUnder fire in India, Amazon CEO offers small business owners $1 billion olive branch during a goodwill visit by Sankalp_sp AdityaKalra
Read more »
Amazon pledges $1 billion to small businesses in India as Jeff Bezos is met with protestsJeff Bezos announced Amazon will invest $1 billion to help digitize small and medium businesses in India.
Read more »
Jeff Bezos said Amazon is investing $1 billion in India - Business InsiderJeff Bezos' arrival in India was met by protesters who claim Amazon is driving small retailers out of business by undercutting them on price.
Read more »
Amazon’s Bezos Pledges New $1 Billion India Investment Amid PushbackDuring a visit to India, Jeff Bezos says the new money is meant to help more local businesses start selling on Amazon’s marketplace, as Indian policy makers have been tightening restrictions on U.S. companies.
Read more »
Jeff Bezos Announces Amazon Will Invest $1 Billion In India, As Negative Sentiment Grows Towards The E-Commerce RetailerAngel Au-Yeung has been a reporter on staff at Forbes Magazine since 2017. She covers the world's wealthiest entrepreneurs and tracks how they use their money and power.
Read more »