Jeff Bezos |
Highlights :
- Amazon is in talks to invest 2 billion dollars in Bharti Airtel
- It would convert into about 5% stake in the company
- There is a growing attraction of India's Digital Economy
Amazon is in talks to invest 2 billion dollars in Bharti Airtel which would convert into about 5% stake in the company.
There is a growing attraction of India's Digital Economy in the foreign countries.
You may be aware of the deal of many US firms with Reliance Jio Platforms. KKR, FB and others have recently invested about 10 billion dollars in the JIO platforms.
Now another major player Amazon is looking to invest in Jio rival Airtel.
However, at the end of the day Bharti Airtel said that there is no other activity to the report.
The stock on Airtel ended at 3.5% higher at BSE on Thursday.
About Amazon :
Amazon.com Inc. is an American Multinational Conglomerate Technology Company based in Seattle, US that focuses on e-commerce, cloud computing, digital steaming and artificial intelligence.
Amazon is considered one of the Big Four Technology Company, along with Google, Apple and Microsoft.
Amazon was founded by Jeff Bezos in Bellevue, Washington on July 4, 1994.
The company started as an online marketplace for books but expended to sell electronics, software, video games, apparel, furniture, food, toy and jewellery.
Amazon Tagline :
Work hard, have fun, make history.
And you're done!
You Shop, Amazon Gives.
Kya Nhi Milega!c
Amazon hai, Apna Dukaan
Amazon logo |
Comments
Post a Comment