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India snubs Amazon’s $1 billion investment as resentment grows

India’s government has scoffed at Amazon.com Inc. founder Jeff Bezos’ offer to invest $1 billion in the country, firing the latest salvo at an e-commerce giant that’s been accused of predatory business practices......»»

Category: topSource: moneycentralJan 17th, 2020

"JEFF BEZOS GO BACK!": Here"s why people in India are protesting Amazon as the tech giant plans to invest $1 billion into the country

Amazon CEO Jeff Bezos made the announcement on a visit to India, where he was met with protests by small-business owners from around the country......»»

Category: topSource: moneycentralJan 15th, 2020

"JEFF BEZOS GO BACK!": Here"s why people in India are protesting Amazon as the tech giant plans to invest $1 billion into the country (AMZN)

SAM PANTHAKY/AFP via Getty Images Amazon CEO Jeff Bezos announced on Wednesday that the e-commerce giant will invest $1 billion to bring small business in India online. Bezos ma.....»»

Category: topSource: businessinsiderJan 15th, 2020

Amazon To Invest $1B To "Digitize" Small, Medium Businesses In India Amid Antitrust Probe

Seattle-based e-commerce giant Amazon.com Inc. (NASDAQ: AMZN) will invest $1 billion in digitizing small- and medium-sized businesses in India, CEO Jeff Bezos announced Wednesday.  0 read more.....»»

Category: blogSource: benzingaJan 15th, 2020

Under fire in India, Amazon offers small business owners $1 billion olive branch

Amazon.com Inc CEO Jeff Bezos said his company will invest $1 billion to bring small businesses online in India, reaching out to some of his fiercest critics in a goodwill visit that saw him donning traditional Indian attire and fly a kite with children......»»

Category: topSource: reutersJan 15th, 2020

Amazon offers India"s small business owners $1 billion olive branch

Amazon.com Inc CEO Jeff Bezos said his company will invest $1 billion to bring small and medium-sized businesses online in India and expects to export $10 billion worth of India-made goods by 2025......»»

Category: topSource: reutersJan 15th, 2020

Amazon chief says to invest $1 billion in digitizing small businesses in India

Amazon.com Inc will invest $1 billion in digitizing small- and medium-businesses in India and expects to export $10 billion worth of India-made goods by 2025, its founder Jeff Bezos said on Wednesday......»»

Category: topSource: reutersJan 15th, 2020

Ant Financial to Open $1bn SEA and India Fund

Ant Financial, part of the Alibaba Group and formerly known as Alipay, will invest heavily in the future of Southeast Asia and India with the creation of a $1 billion fund dedicated… The post Ant Financial to Open $1bn SEA and India Fund appeared.....»»

Category: topSource: redherringNov 29th, 2019

Alibaba"s Singles" Day sales hit record $38 billion; growth slows

Chinese retailer Alibaba Group Holding Ltd's sales for its 24-hour Singles' Day shopping blitz hit a record $38.4 billion, more than U.S. rival Amazon.com Inc's haul last quarter from online store sales......»»

Category: topSource: reutersNov 11th, 2019

Alibaba Singles" Day sales jump 25% in first 9 hours to $23 billion

Chinese retailer Alibaba on Monday said sales for its annual Singles' Day shopping blitz jumped 25% in the first nine hours to $23 billion, nearly two thirds of U.S. rival Amazon.com Inc's online store sales in the latest quarter......»»

Category: topSource: reutersNov 11th, 2019

Ford Motor to put $500 million into electric vehicle startup Rivian

Ford Motor Co said on Wednesday it will invest $500 million in U.S. electric vehicle startup Rivian Automotive LLC, joining Amazon.com Inc in backing the potential rival to Silicon Valley's Tesla Inc......»»

Category: topSource: reutersApr 24th, 2019

What"s the Better Buy: Alibaba vs. Amazon

Which of these e-commerce giants should you invest in today?.....»»

Category: topSource: moneycentralApr 2nd, 2019

Walmart Seeking $15 Billion Stake in Indian E-Commerce Giant Flipkart

Walmart is near a deal to invest around $15 billion for a roughly 75% stake in Flipkart Group, India’s largest e-commerce company, taking its battle with Amazon to India......»»

Category: smallbizSource: wsjMay 4th, 2018

Walmart Takes on Amazon With $15 Billion Bid for Stake in India"s Flipkart

Walmart is near a deal to invest around $15 billion for a roughly 75% stake in Flipkart Group, India’s largest e-commerce company, taking its battle with Amazon to India......»»

Category: smallbizSource: wsjMay 4th, 2018

Amazon infuses Rs 26 bn in India, Jeff Bezos shows he still means business

The investment comes after Amazon lost out to rival Walmart in acquiring a majority stake in Flipkart.....»»

Category: topSource: business-standardMay 8th, 2018

Walmart to buy controlling stake in India"s Flipkart for $16 bln

MUMBAI/NEW YORK (Reuters) - Walmart Inc will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart, the U.S. retailer's largest-ever deal, in an attempt to compete with rival Amazon.com Inc in a key growth market......»»

Category: topSource: reutersMay 9th, 2018

Walmart to buy controlling stake in India"s Flipkart

Walmart has agreed to pay $16 billion for a roughly 77 percent stake in Indian online marketplace Flipkart, the U.S. retailer's largest deal as it opens up another front to battle rival Amazon in one of the world's fledgling e-commerce markets......»»

Category: topSource: moneycentralMay 9th, 2018

Walmart buys a major stake in India"s Flipkart

Walmart said on Wednesday it will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart in an effort to compete with rival Amazon in an important growth market......»»

Category: videoSource: reutersMay 9th, 2018

PhonePe looks to ride on Walmart to become India"s e-payments king

PhonePe wants to dethrone its Alibaba and SoftBank-backed rival, Paytm, claiming that additional capital that Walmart will bring to the table will help it grow much faster.....»»

Category: topSource: business-standardMay 10th, 2018

SoftBank will reportedly invest up to $400 million in an Indian food delivery service

Youtube / Bloomberg TV Markets and Finance SoftBank is reportedly in talks to take a stake in Zomato, after initiating similar talks with Zomato's rival Swiggy last year, according to The Economic Times. India's food delivery market is estimated to .....»»

Category: topSource: businessinsiderMay 18th, 2018