2 min read . Updated: 02 Dec 2022, 02:57 AM IST Megha Mandavia, The Wall Street Journal
The company has started shutting some noncore ventures in India after an aggressive push there over the past several years.
In September 2014, Amazon founder Jeff Bezos stood atop a truck in Bengaluru, dressed in traditional attire, flashing a $2 billion check: a brash demonstration of the American giant’s ambitions in India. Less than a decade later, with many more billions invested and Indian regulators increasingly taking a dim view of U.S. big tech, Amazon might be losing patience with the South Asian nation.
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