Under fire in India, Amazon offers small business owners $1 billion olive branch

  • 📰 Reuters
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Under fire in India, Amazon CEO offers small business owners $1 billion olive branch during a goodwill visit by Sankalp_sp AdityaKalra

NEW DELHI - Amazon.com Inc CEO Jeff Bezos said his company will invest $1 billion to bring small businesses online in India, reaching out to some of his fiercest critics in a goodwill visit that saw him donning traditional Indian attire and fly a kite with children.

Just this week, the Competition Commission of India launched an anti-trust probe to look into those allegations. Speaking at a company event at a New Delhi stadium which Amazon described as “a first-of-its-kind mega summit” bringing together more than 3,000 small businesses, Bezos praised India and said Amazon was committed to being its long-term partner.

The Confederation of All India Traders, a group representing roughly 70 million brick-and-mortar retailers, has said it will protest in 300 cities during Bezos’ visit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

sankalp_sp adityakalra He has something to gain in the long run, basically to increase the value of Amazon.

sankalp_sp adityakalra Jeff doesn't just give money away. Bringing small businesses online in India 🤔. I bet it's businesses that have to sell their products through the Amazon website. Anyone you know who has a business and have to sell through Amazon, will tell you they're a ruthless outfit.

sankalp_sp adityakalra All you need to do is go through the amazon portal.

sankalp_sp adityakalra The high margin markets are now split between Microsoft’s Azure and Amazon‘s AWS. AWS needs new pastures – like India.

sankalp_sp adityakalra Do they pay any taxes in India?

sankalp_sp adityakalra Bezos is driven by greed, not wisdom.

sankalp_sp adityakalra How about paying the taxes in America?

sankalp_sp adityakalra Pffft, small business sell products, he owns the worlds second largest retailer. If he weren't a self serving prick he'd donate to infrastructure and healthcare, but no, he wants more commerce to skim cash from.

sankalp_sp adityakalra all Money will be lost😢😢 everywhere there is protesters in india now...who will buy how they will buy his products...

sankalp_sp adityakalra He need to more invest on finding that people who selling Hindu Islam Christian God's toilet Mat

sankalp_sp adityakalra Invest in our country🤩

sankalp_sp adityakalra With a population of over 1.3 b, that's another dirt cheap new customer acquisition.

sankalp_sp adityakalra Couldn’t he personally buy the amazon rainforest and protect it with just his pocket cash. That would impress us more.

sankalp_sp adityakalra Happy and sad at the same time mixedfeel

sankalp_sp adityakalra Meaning, they will sell their products under the Amazon brand...

sankalp_sp adityakalra Johnny Sins !

sankalp_sp adityakalra PAY YOUR TAXES JEFF

Nothing but a PR gimmick in Indian attire n kite flying with kids to boot.

Meanwhile, he gave less than a million to Australia bushfires

... before he kills off all their businesses. ... 👍

sankalp_sp adityakalra Show that it's not just all about adding another billion to your 120, say something about human rights and the treatment of the Muslim community in India.

sankalp_sp adityakalra

Lol this is the 1% in the world. They operate by just trying to throw money at people until they get thier way. Imagine if you didnt have to pay ANY taxes in the US.

sankalp_sp adityakalra 😱 FUNNIEST VIDEO ON YOUTUBE!!! WATCH THIS NOW!!! 🤣🤣🤣

He is a f****** freak

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google Parent Alphabet Set To Hit $1 Trillion In Market ValueGoogle parent company, Alphabet, is about to join the $1 trillion club by skleb1234 skleb1234 $amzn $tsla $aapl $fb $googl Harvard $MIT satellite/Species trade off Rocket heads rocket head with own too. NaijaFlyingDr skleb1234 $1tir skleb1234
Source: Forbes - 🏆 394. / 53 Read more »

Casper CEO's $1 billion 'unicorn' valuation put off Target, Tempur Sealy - Business InsiderPhilip Krim's price tag for his online mattress seller may have put off Target, Tempur Sealy, and Serta Simmons.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Casper CEO's $1 billion 'unicorn' valuation put off Target, Tempur Sealy - Business InsiderPhilip Krim's price tag for his online mattress seller may have put off Target, Tempur Sealy, and Serta Simmons.
Source: BusinessInsider - 🏆 729. / 51 Read more »