Amazon says bullish about India's e-commerce market, to maintain investment pace

Amazon says bullish about India's e-commerce market, to maintain investment pace

Boxes move along a conveyor belt at an Amazon Fulfillment Center on Cyber Monday in Tracy, California, U.S. November 28, 2016. REUTERS/Noah Berger

Amazon, the world’s largest online retailer which has so far committed to invest $5.5 billion in India, remained bullish and pledged to keep up its pace of investments in a country where it is locked in a bitter market-share battle with arch-rival Flipkart, even though its international losses widened on the back of these investments.

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