Tag Archives: Amazon’s Bezos promises $1 billion in bid to see off Indian e-commerce storm

Amazon tycoon Jeff Bezos promised on Wednesday a new billion-dollar investment in India, just two days after authorities launched an anti-trust investigation into the e-commerce giant. A three-day visit by Bezos, whose worth has been estimated at more than $110 billion, sparked protests in New Delhi and other cities by traders who accuse Amazon and its main US-owned rival Flipkart …

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