Sources say Amazon will invest an additional $15 billion in India, with a total amount of $26 billion

Thanks CTOnews.com net friend west window old matter, aviation gentleman's clue delivers! CTOnews.com June 24 news, according to Reuters reports, Amazon CEO Andy Jassy said today, Amazon will invest an additional 15 billion US dollars in India (CTOnews.com remarks: currently about 107.85 billion yuan). This is the latest move by the e-commerce giant in India.

The new investment was promised by Andy Jassy at a meeting with Indian Prime Minister Narendra Modi. This brings Amazon's investment in India to $26 billion (currently about 186.94 billion yuan). Amazon's investment will be realized by 2030.

Amazon said in a statement that Amazon is committed to supporting startups in India and creating jobs and promoting exports. This investment will accelerate India's digitization and help Indians and small businesses compete globally.

CTOnews.com reviewed the information and learned that Amazon's cloud computing division AWS announced in May that it would invest Rs 1.06 trillion (currently about RMB 92.856 billion) in India by the end of 2030. Amazon is also in talks with Times Internet to acquire Indian video streaming giant MX Player.