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June 26, 2017 09:38 am GMT

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 withrivals 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

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/N7_TOoebY_Q/

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