JEFF BEZOS SAYS AMAZON WILL INVEST $1 BILLION IN SMALL BUSINESSES IN INDIA

Amazon's co-founder, Jeff Bezos, said the company is investing $1 billion to digitize small businesses in India an event in New Delhi. He added the company aims to export goods with $10 billion by 2025 under the 'Make in India' program. Just before the Amazon chief began his trip in India, the Competition Commission of India (CCI), started an investigation into anti-competitive practices of Amazon and its Walmart-owned rival Flipkart. During the...

TheNextWeb.com (Date:01/15/2020 07:19) Read full article >>

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Competition: Competition in biology, ecology, and sociology, is a contest between organisms, animals, individuals, groups, etc., for territory, a niche, or a location of resources, for resources and goods, mates, for prestige, recognition, awards, or group or social status, for leadership. Competition is the opp
Delhi: Delhi is a metropolitan region in India that includes the national capital city, New Delhi. It is India's second-most-populous city after Mumbai, and the largest city in terms of area. With a population of 22million in 2011, the city is the fourth-largest city in the world. The NCT and its urban re
New Delhi: New Delhi inju dli is the capital of Republic of India, and the seat of executive, legislative, and judiciary branches of the Government of India. It also serves as the centre of the Government of the National Capital Territory of Delhi. New Delhi is situated within the metropolis of Delhi and is on
Flipkart: Flipkart is an Indian e-commerce company headquartered in Bangalore, Karnataka. It was founded by Sachin Bansal and Binny Bansal in 2007. In its initial years, Flipkart focused on online sales of books, but later it expanded to electronic goods and a variety of other products. Flipkart offers multip
Competition Commission: The Competition Commission is a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom. It is a competition regulator under the Department for Business, Innovation and Skills . They e