Wednesday, June 8, 2016

Amazon to invest US$3B more in India to take Flipkart and Snapdeal head on

The e-commerce major is also opening a large software engineering and development centre in Hyderabad E-commerce major Amazon will invest an additional US$3 billion in India to boost its growth,*as it is facing tough competition*from*home-grown giants like Flipkart and Snapdeal. The announcement was made by Amazon CEO Jeff Bezos at an event in Washington, attended...
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