Yesterday it was flipkart's day today its amazon's . Flipkart announced yesterday that it has raised a total of $ 1 billion from tiger global , the highest ever raised fund by any e-commerce company but today Amazon officially annouced new investment worth of $ 2 billion in india specific market,twice than the rival. This investment will boost up the workability of the e-comm giant, aiming to make its market huge. Since its launch , there has been tremendous growth in sales in India, thus paving new opportunities.Amazon.in has a product base of 17 million that makes it the largest marketplayer. It guaranteed next day delivery service and ther loyalty towards the delivery are their attractive services which helps them to be effective in operation.
it will invest an additional US $2 billion to support its rapid growth and continue to enhance the customer and seller experience in India.
After our first year in business, the response from customers and small and medium-sized businesses in India has far surpassed our expectations,.We see huge potential in the Indian economy and for the growth of e-commerce in India. With this additional investment of US $2 billion, our team can continue to think big, innovate, and raise the bar for customers in India. At current scale and growth rates, India is on track to be our fastest country ever to a billion dollars in gross sales. A big ‘thank you’ to our customers in India – we’ve never seen anything like this."
-Jeff Bejos
founder and CEO of Amazon.com
Many small sized business are already getting huge benefits fron this highly customer centric services.
Amazon affiliate network is the best and biggest affiliate network in the entire web, that too contributes in its sales, plus its 24x7 service binds its customers the most.
Their secure payment option,Cash On Delivery options and now the most famous Easy return service catches the attention of our mind when we think of buying anything online. The 20 years old e-commerce company has won the trust of masses.
source-amazon
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