Amazon has announced that it will invest an additional US $2 billion to support its rapid growth and continue to enhance the customer and seller experience in India!
This comes a day after Flipkart announced its billion dollar funding.
“After our first year in business, the response from customers and small and medium-sized businesses in India has far surpassed our expectations,” said Jeff Bezos, founder and CEO of Amazon.com. “We see huge potential in the Indian economy and for the growth of e-commerce in India.