#EcommerceGrowth Archives - The World News 247

Amazon Investment in India: $35 Billion by 2030 to Accelerate Digital Growth

Shubham Saurav3 months ago3 months ago05 mins

Amazon is taking its commitment to India to the next level by announcing a $35 billion investment by 2030. This initiative builds upon Amazon’s previous $40 billion investment in the country, signaling a deeper involvement in India’s rapidly expanding digital economy. The goal is to not only enhance Amazon’s own operations but also to create…

Meesho IPO Bids in India: E-Commerce Giant Draws $28 Billion in Bids

Shubham Saurav3 months ago3 months ago04 mins

Meesho, India’s popular e-commerce platform, raised $604 million in its Initial Public Offering (IPO). The company saw $28 billion in total bids, making it one of the most oversubscribed IPOs in Indian history. Institutional investors led the charge, bidding for shares 120 times over the amount allocated to them. This surge in demand reflects a…