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| VIEW EVENT INFORMATION: Flipkart |
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Amazon To Invest $2B In Its India Marketplace As Competition With Flipkart Intensifies |
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About the organization Flipkart:
Type: Business
Sub-Types: Website, Internet, Store, Online Store, Retailing Agent, E-Commerce, Application Software, Telecommunication, Telecommunication Software, Shop, Online Shop |
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Notable Organizations: Techcrunch, Flipkart
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| Just one day after Flipkart disclosed that it had raised as massive $1 billion round, Amazon has upped the ante by announcing that it will invest $2 billion in its Indian marketplace, which it launched about a year ago. In a statement, Amazon founder Jeff Bezos said “At current scale and growth rates, India is on track to be our fastest country ever to a billion dollars in gross… |
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