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Amazon Invest $2 Billion In India Market
< p > > the world's < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > a target= "_blank" href= "_blank" > shoes < < hat net "Xiaobian to introduce the Amazon $2 billion investment in India. < /p >
< center > < img border= "0" align= "center" alt= "" src= "/uploadimages/201408/01/20140801101818_sj.JPG" / "> /center >
P, India's largest e-commerce group Flipkart Internet Pvt. announced on Tuesday that it won a new round of $1 billion financing. Its biggest rival, Amazon.com Inc. (NASDAQ:AMZN) Amazon group, could not sit still and announced that it would invest $2 billion to expand its India business. Last week, Amazon.com Inc. Amazon just announced that its share price suffered a punitive fall from Wall Street due to increased investment losses and two quarter earnings. < /p >
< p > Amazon.com Inc. founder and CEO Jeff Bezos Jeff Bezos said in a statement that according to the current sales and growth rate of India market, India is expected to become the Amazon.com Inc. Amazon for the shortest time to sell for 1 billion U.S. dollars. < /p >
< p > Amazon.com Inc. Amazon launched the India e-commerce website amazon.in in June 2013. However, because of the government's Foreign Direct Investment (FDI, FDI) policy, amazon.in Amazon India is actually a third party platform. The India government currently only allows retailers to operate e-commerce business through India local distributors or agents. < /p >
< p > the good news is that the India government proposed to ease the entry threshold for foreign e-commerce business in July 10th. The new minister of finance Arun Jaitley, in the new draft budget of the federal government of India, recommended that foreign investment < a href= "http://www.91se91.com/news/index_s.asp" > e-commerce < /a > can operate e-commerce business in India market. Once the bill is passed, it will be formally implemented from March 2015. There were rumors in June that India's new government would further eliminate investment barriers. Reuters quoted sources as saying that Amazon.com, Inc. (NASDAQ: AMZN) Amazon could sell products through its own website at the earliest in July. < /p >
< p > according to the report issued by Research Institute Crisil Research in February 2014, the India e-commerce market now accounts for a small share of the total retail market of US $400 billion, while another market research firm Euromonitor Euro released data in March this year. The total volume of online retail spanactions in India in 2013 is about 170 billion rupees, which is 2 billion 900 million US dollars. Euromonitor Europe research shows that Flipkart Internet Pvt. occupies 4.9% of India's online retail market, while Myntra Designs Pvt. accounts for 4.1%, while only half a year Amazon.com Inc. Amazon accounts for 1.6%, eBay Inc. (Inc.) accounts for 1.2%. Forrester, the Internet research firm, predicts that the size of India's e-commerce market will reach $76 billion by 2021. < /p >
Amazon.com Inc. Amazon, which is already far away from China's "a href=" http://www.91se91.com/news/index_s.asp "> market" /a ", is no longer willing to give up the India market known as" tomorrow China ". It also does not want Flipkart India local suppliers to become" India Alibaba "or" India Jingdong ". P But for Amazon.com Inc. Amazon, what worries us is whether Wall Street will punish the extra investment again. < /p >
< p > < /p >.
< center > < img border= "0" align= "center" alt= "" src= "/uploadimages/201408/01/20140801101818_sj.JPG" / "> /center >
P, India's largest e-commerce group Flipkart Internet Pvt. announced on Tuesday that it won a new round of $1 billion financing. Its biggest rival, Amazon.com Inc. (NASDAQ:AMZN) Amazon group, could not sit still and announced that it would invest $2 billion to expand its India business. Last week, Amazon.com Inc. Amazon just announced that its share price suffered a punitive fall from Wall Street due to increased investment losses and two quarter earnings. < /p >
< p > Amazon.com Inc. founder and CEO Jeff Bezos Jeff Bezos said in a statement that according to the current sales and growth rate of India market, India is expected to become the Amazon.com Inc. Amazon for the shortest time to sell for 1 billion U.S. dollars. < /p >
< p > Amazon.com Inc. Amazon launched the India e-commerce website amazon.in in June 2013. However, because of the government's Foreign Direct Investment (FDI, FDI) policy, amazon.in Amazon India is actually a third party platform. The India government currently only allows retailers to operate e-commerce business through India local distributors or agents. < /p >
< p > the good news is that the India government proposed to ease the entry threshold for foreign e-commerce business in July 10th. The new minister of finance Arun Jaitley, in the new draft budget of the federal government of India, recommended that foreign investment < a href= "http://www.91se91.com/news/index_s.asp" > e-commerce < /a > can operate e-commerce business in India market. Once the bill is passed, it will be formally implemented from March 2015. There were rumors in June that India's new government would further eliminate investment barriers. Reuters quoted sources as saying that Amazon.com, Inc. (NASDAQ: AMZN) Amazon could sell products through its own website at the earliest in July. < /p >
< p > according to the report issued by Research Institute Crisil Research in February 2014, the India e-commerce market now accounts for a small share of the total retail market of US $400 billion, while another market research firm Euromonitor Euro released data in March this year. The total volume of online retail spanactions in India in 2013 is about 170 billion rupees, which is 2 billion 900 million US dollars. Euromonitor Europe research shows that Flipkart Internet Pvt. occupies 4.9% of India's online retail market, while Myntra Designs Pvt. accounts for 4.1%, while only half a year Amazon.com Inc. Amazon accounts for 1.6%, eBay Inc. (Inc.) accounts for 1.2%. Forrester, the Internet research firm, predicts that the size of India's e-commerce market will reach $76 billion by 2021. < /p >
Amazon.com Inc. Amazon, which is already far away from China's "a href=" http://www.91se91.com/news/index_s.asp "> market" /a ", is no longer willing to give up the India market known as" tomorrow China ". It also does not want Flipkart India local suppliers to become" India Alibaba "or" India Jingdong ". P But for Amazon.com Inc. Amazon, what worries us is whether Wall Street will punish the extra investment again. < /p >
< p > < /p >.
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