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SanFrancisco版 - Amazon to invest $2 bln to expand in India
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话题: india话题: amazon话题: flipkart话题: billion话题: indian
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Y**G
发帖数: 1089
1
http://finance.yahoo.com/news/amazon-invest-2-bln-expand-115528
Amazon to invest $2 bln to expand in India
MUMBAI, India (AP) -- The world's largest online retailer is facing off in
India against a new name in e-commerce that was founded by former Amazon
employees.
Amazon.com Inc. said Wednesday it will invest $2 billion to expand its
Indian business, a day after local rival Flipkart raised $1 billion to fund
its own expansion.
Launched last year, Amazon's India division has been making a big push into
the country's small but fast-growing online retail market. It has been
running front-page advertisements in newspapers and touting one-day delivery.
Gearing up to fight the online giant, Indian e-commerce company, Flipkart,
raised $1 billion in new capital on Tuesday. Both companies claim they are
the largest online retailer in India, though neither releases its sales
numbers
Amazon founder and CEO Jeff Bezos touted India's potential in a statement
Wednesday announcing the $2 billion investment.
"At current scale and growth rates, India is on track to be our fastest
country ever to a billion dollars in gross sales," Bezos said. "We've never
seen anything like it."
Online retailing accounted for $2.3 billion of India's $400 billion retail
market in 2013, but Crisil Research estimated in a February report that
sales are growing at more than 50 percent annually and are on track to reach
$8.3 billion by 2016.
Amazon is limited by Indian law to providing products through third-party
merchants. Despite that, Amazon India has expanded to 17 million products,
it said.
Flipkart, founded in 2007, has at times been called the Amazon of India. It
was founded by Sachin Bansal and Binny Bansal, who worked at Amazon before
returning home to India to start their online business.
Among the investors in Flipkart's recent $1 billion fundraising round are
Singapore's sovereign wealth fund, GIC, along with existing investors Accel
Partners, DST Blobal and Morgan Stanley Investment Management, the company
said. The company said the funds will be used to invest in expansion,
especially in mobile technology.
The funding will help the business develop into a "technology powerhouse,"
Flipkart said in a statement Tuesday.
Flipkart says it has 22 million registered users and handles 5 million
shipments per month.
Flipkart also recently acquired Indian online fashion retailer Myntra to
strengthen market share.
India's Finance Minister recently announced plans to allow foreign
investment in e-commerce, paving the way for Indian companies to gain more
support from abroad.
Y**G
发帖数: 1089
2
亚麻当年进入中国,然后买了卓越。一直没有很好的发展,倒是阿里巴巴做火箭上来了。
结论是美国公司在中国没戏。当年微软,谷歌在中国基本也是失败。
o**********e
发帖数: 18403
3
谢谢分享! 我觉得这倒是reasonable的。 亚麻要烙印的consumer
market, 就在印度投资。
只要亚麻的IT,全世界的AWS不许去印度就行了。
印度收入是狗,苹果,微软的低x%,却拿去
微软大量的合同。 这是很值得探究的。
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