Джерело:
Slashdot
Дата публікації:
15/01/2020 16:01
Постійна адреса новини:
http://www.vsinovyny.com/6530374
Amazon To Invest $1 Billion To Help Digitize Small Businesses in India
15/01/2020 16:01 // Slashdot
India welcomed Jeff Bezos this week with an antitrust probe. On top of that, thousands of small merchants who typically compete with one another are beginning to gather across the country to hold a protest against the alleged predatory practices by the e-commerce giant. But Amazon founder and chief executive's love for one of the company's most important overseas markets remains untainted. From a report: At a conference in New Delhi on Wednesday, Bezos and Amit Agarwal, the head of Amazon India, announced that the American giant is pumping $1 billion into India operations to help small and medium-sized businesses in the country come online. This is in addition to about $5.5 billion the company has invested in the country. Bezos said the company is also eyeing making exports of locally produced goods from India -- in line with New Delhi's Make in India program that encourages companies to manufacture locally in the nation -- to be of $10 billion in size on Amazon platform by 2025.
Read more of this story at Slashdot.
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