Jeff Bezos says Amazon will ‘keep investing’ in India as rivals raise new war chests

 Amazon CEO Jeff Bezos has pledged to continue to invest in India as it bids to keep pace with rivals in the country that have landed large investments from big name backers. SoftBank and Alibaba have pumped close to $2 billion into Paytm lately while India’s original online retailer, Flipkart, won the backing of prestigious trio Microsoft, eBay and China’s Tencent via a recent… Read More

by Jon Russell via Endless Supplies .Ca - News