Amazon’s Jeff Bezos – QUICKCLARITY

Jeff Bezos makes mega million jobs promise in India as Amazon firefights govt

Amazon.com Inc said on Friday it planned to create 1 million jobs in India by 2025, a day after the country’s trade minister said the e-commerce giant’s recently unveiled $1 billion investment in the country was no big favour.

Amazon and Walmart’s Flipkart are facing mounting criticism from India’s brick-and-mortar retailers, which accuse the U.S. giants of violating Indian law by racking up billions of dollars in losses to fund deep discounts and discriminating against small sellers. The companies deny the allegations.

Amazon said it would create new jobs in India through investments in infrastructure, technology and logistics.

Cuttack to Delhi, Amazon for $2-bn annual exports by Indian sellers

Buoyed by the success of Indian sellers exporting products to global markets through its e-commerce platform, Amazon has raised its target of exporting India-made products to $2 billion per year till 2025, up from its $1 billion sales in the first three years of its global selling programme in the country (May 2015-April 2018).

Amazon’s Jeff Bezos might receive a cold welcome from local traders on India trip

Bengaluru: Amazon.com Inc. founder Jeff Bezos is likely to be greeted by an unprecedented show of opposition during his short India visit this week, after thousands of small-time local retailers pledged to protest its pricing and exclusive-selling practices.