Amazon vs Flipkart: Jeff Bezos led eretailer pumps Rs 2,600 crore in India marketplace biz
Amazon founder Jeff Bezos has committed investments to the tune of USD 5 billion for the Indian market. During a recent investor call, Amazon CFO Brian Olsavsky had said the company would continue to invest in India as it sees great progress with both sellers and customers here.
The board of directors of Amazon Seller Services passed the resolution at their meeting on April 26, 2018. Image source: Reuters