June 8, 2016

Amazon will pump $3B more into its Indian marketplace as it competes with Snapdeal and Flipkart

Shutterstock Amazon package Amazon plans to put $3 billion more into its Indian e-commerce site, said founder and CEO Jeff Bezos. The investment was announced Tuesday evening at the U.S.-India Business Council's 41st Annual Leadership Summit in Washington D.C., where Bezos and other business leaders met with Indian Prime Minister Narendra Modi. Read More

Source: TechCrunch