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Amazon to invest $35bn in India as e-retail competition heats up


Amazon to invest $35bn in India as e-retail competition heats up

BENGALURU -- Amazon will invest $35 billion over the next five years to bolster its presence in India, where it faces stiff competition from Walmart's Flipkart and SoftBank-backed Meesho, as well as quick delivery startups selling everything from groceries to phones and clothing.

The investment, ...

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