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Bezos' remarks came in response to a question on Amazon's concerns over some Indian policies with regard to digitisation.
Amazon doing extremely well in India: Jeff Bezos
18 Nov 2019 11:13 AM

Bezos had committed investment worth USD 5 billion in the Indian market in 2016.

Globally, over 7,000 brands have already enrolled in Project Zero across US, Europe and Japan, he added.
Amazon brings 'Project Zero' to India to help brands fight counterfeits
13 Nov 2019 9:49 AM

The initiative was launched earlier this year in the US, Europe (UK, France, Italy, Spain, and Germany) and Japan.

Amazon has since not responded to further requests for comment.
Amazon's USD 1.5 million political gambit backfires in Seattle City Council election
11 Nov 2019 9:39 AM

Amazon and other companies through the chamber’s Super Pac emerged winners, one of them an incumbent.

In August, the company said it will pick up a minority stake in India’s Future Retail Ltd which owns several supermarket brands. (Representational image/ Photo: AFP)
Amazon pumps in more than USD 600 million into India units
30 Oct 2019 1:09 PM

The company did not immediately clarify where or how the money would be used.

Amazon Retail India posted a loss of Rs 127.4 crore and revenue of Rs 139 crore in 2019.
Amazon pumps in over Rs 4,400 cr in India business
29 Oct 2019 5:45 PM

An Amazon India spokesperson declined to comment on the fund infusion.

Walmart-owned Flipkart and rival Amazon were forced to overhaul their business models, having been upset by changes made late last year to rules governing foreign direct investment for e-commerce marketplaces.
Walmart chief seeks stable business environment from Modi: Report
22 Oct 2019 2:59 PM

In January, Walmart told the US government privately that India's new rules were regressive and had the potential to hurt trade ties.

E-commerce companies have no right to offer discounts or adopt predatory prices. Selling products cheaper and resulting the retail sector to incur losses is not allowed, said commerce minister Piyush Goyal in Mumbai on Thursday. (Photo: File)
Govt probing Flipkart, Amazon for alleged discount sales: Piyush Goyal
18 Oct 2019 3:40 PM

Detailed questionnaires have been sent to Flipkart, Amazon and their response is awaited, said commerce minister Piyush Goyal.

In line with the Government of India's FDI policy, which allows 100 per cent foreign direct investment (FDI) in food retail for food produced and manufactured in India, Flipkart is applying for appropriate licenses from the government, Flipkart Group CEO Kalyan Krishnamurthy said in a statement.
Flipkart one ups against Amazon; to set up food retail unit in India
15 Oct 2019 4:58 PM

Flipkart did not comment on the investments planned for the new venture.

Paytm Mall business is close to break-even, USD 3 million EBIDTA loss a month and USD 1.2-1.3 billion run rate. In a day, we do 275,000-300,000 orders a day. In festive season, this peaks to half a million orders a day, double of the average day, said Paytm founder Vijay Shekhar Sharma.
Expect Paytm Mall biz to break even in a year: Vijay Shekhar Sharma
14 Oct 2019 8:36 PM

Paytm will consider getting listed on stock exchanges only after 2021 when the financial services company starts generating cash.

Last week, senior officials of the Department for Promotion of Industry and Internal Trade (DPIIT) held a meeting with the representatives of Amazon and Flipkart following a complaint by the Confederation of All India Traders (CAIT).
Traders' body seeks govt audit into business models of Amazon, Flipkart
14 Oct 2019 8:08 PM

...both Amazon and Flipkart in a clandestine manner refuted the issues raised by us even after showing relevant evidences, said CAIT.

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