Amazon CEO Jeff Bezos said that it will beef up its operations in India by investing another $3 billion, putting the company’s entire investment in India at $5 billion. Bezos expressed his bullish outlook on India’s e-commerce market multiple times.
The e-commerce giant is now focusing on India after the force of Alibaba Group in China became too much to compete with. On the flipside, Amazon only has Flipkart and Snapdeal as major competitors in the Indian market.
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