ECommerce

Amazon’s $35 Billion Bet on India: AI, Exports and 3.8 Million Jobs by 2030

amitsomrana77 months ago7 months ago01 mins

Amazon has announced plans to invest an additional $35 billion in India by 2030, strengthening its presence in one of its most promising global markets. The new investment will build on the company’s earlier $40 billion commitment made over the past decade, reflecting Amazon’s confidence in India’s digital growth story. According to Amit Agarwal, SVP of Emerging Markets at…

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Amazon Hit with €1.2bn VAT Evasion Allegations in Italy

amitsomrana71 year ago1 year ago03 mins

Tech Giant Faces €3bn Tax Dispute Over Non-EU SalesItalian tax authorities have accused Amazon of evading €1.2 billion in VAT payments, marking another major European crackdown on Big Tech’s tax practices. The claim involves sales of goods from China and other non-EU countries through Amazon’s platform between 2019 and 2021, according to sources familiar with…

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Amazon’s $35 Billion Bet on India: AI, Exports and 3.8 Million Jobs by 2030

Amazon Hit with €1.2bn VAT Evasion Allegations in Italy