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After losing China, Jeff Bezos really wants to win in India

Amazon is spending billions adapting to a fiercely contested market of 1.3 billion

Saritha Rai | Bloomberg 

Having forfeited China to Alibaba and JD.com, Jeff Bezos is determined to win in India, a market of 1.3 billion people who at long last are discovering the pleasures of shopping. Amazon.com Inc.’s chief has committed $5.5 billion to India and selected Amit Agarwal to spend it wisely.

A trusted lieutenant who grew up in Mumbai and admires his boss and Bollywood star Amitabh Bachchan with near-equal fervor, Agarwal, 44, is furiously adapting Amazon to local conditions. The company has set up a credit operation for Indians without bank accounts, built a streamlined mobile app ...

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First Published: Tue, March 06 2018. 13:21 IST
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