YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Bezos pledges $1B Amazon investment in India

Posted online

Dressed in an indigo Nehru jacket, Amazon CEO Jeff Bezos on Wednesday pledged a $1 billion investment in India during a gathering in New Delhi.

“We’re making this announcement now because it’s working," said Bezos, speaking to local Amazon sellers. "And when something works, you should double down on it."

Meanwhile, India on Monday ordered an investigation into whether Amazon and Walmart Inc.'s Flipkart violated competition laws.

Read more from The Wall Street Journal.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
2024 SBJ Economic Growth Series: Building a Region

The Building a Region publication explores business issues fueling and impeding growth, corporate responsibility and government support needs.

Most Read
Update cookies preferences