Amazon invests around 45 billion rupees into one of its fastest growing market
USD 634.20 million was invested into the Indian subsidiaries by Amazon.inc. It was showed that the money was pumped into the payment, food and retail units, however, the company only vaguely disclosed how and where would the money be used. Battling with the Flipkart which is owned by Walmart.inc the founder Jeff Bezos, claimed to spend about more than 5 billion in Indian market knowing its growth value.
india amazon walmart jeff-bezos
DECCANChronicleRelated Articles
Amazon Adding Hundreds of Tech, Corporate Jobs in North Texas
Amazon is planning to add more than 600 new tech and corporate jobs in Dallas as they expand their Tech Hub in North Texas. The expansion is part of a national expansion of hubs in Detroit, Denver, New York, Phoenix and San Diego that will create more than 3,500 jobs across the country.
amazon dallas galleria-dallas
Nbcdfw
Jeff Bezos added $13 billion in one day, largest single-day increase ever
According to the Bloomberg Billionaire Index, Amazon founder and CEO Jeff Bezos added $13 billion to his net worth on Monday. It was the most significant single-day increase in personal wealth since the index started in 2012, Bloomberg reported after analysts raised their targets for Amazon's stock, which jumped 7.9 percent Monday, ahead of the company's second-quarter earnings report
amazon wealth jeff bezos
Foxnews
Walmart to spend $428 million on worker bonuses
Walmart said Tuesday that it will give another round of bonuses to hourly employees and close its stores on Thanksgiving Day. The big-box retailer said in a news release that it will spend about $428 million on the bonuses to thank employees for working during the pandemic. Full-time hourly employees will receive $300 and part-time and temporary workers will get $150. The company will pay the bonuses on Aug. 20
walmart retailer bonuses
CNBC
India’s Mukesh Ambani is now wealthier than Warren Buffett
According to the data compiled by Bloomberg Billionaire Index, India's richest man and Chairman of Reliance Industries is now worth $68.3 billion, surpassing Buffett's $67.9 billion as of Thursday. Shares of Ambani's Indian conglomerate have more than doubled since a low in March as its digital unit got more than $15 billion in investments from companies including Facebook Inc. and Silver Lake
india reliance mukesh ambani
Gulfnews