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Amazon, which launched Prime Video last year, will “keep investing and growing in India,” its chief Jeff Bezos said.
US and global online retail major and content creator Amazon has introduced Amazon Music Unlimited, an on-demand music service that redefines music streaming by putting a catalogue of tens of millions of songs and thousands of hand-curated playlists and personalised stations.
Heating up the e-commerce battle further, US online retail giant Amazon is reported to be in talks to buy fashion portal Jabong.
Amazon.com founder Jeff Bezos makes the announcement a day after Flipkart gets in $1 bn fresh funding. “With this additional investment of $2 bn, our team can continue to think big, innovate and raise the bar for customers in India,” he says.
Amazon has moved into the smartphone game and launched its first mobile device called the ‘Fire Phone’, boasting of facial recognition and 3D features.
As news channels and newspapers struggle with a business model in the new digital era, niche news content works better than general news sites.