Amazon.com has started its Indian website by beating the competitors with slashing prices, launching same-day delivery, adding new product categories and embarking on a high-voltage advertisement campaign. It will be going to invest a further $2 billion in India just a day after the country's largest e-tailer Flipkart attracted $1 billion of fresh funds, raising the stakes in a nascent but fast-growing e-commerce sector. With this additional investment of $2 billion, our team can continue to think big, innovate, and raise the bar for customers in India," says Jeff Bezos, CEO, and Amazon.
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