We are fine investing in India for the next 100...

We are fine investing in India for the next 100 years: Amazon

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“We don’t really think of competitors, our job is to keep serving the customers and the good part is that we are a very patient long term oriented company. We are fine investing for the next 100 years, if need be,” Agarwal said. Amazon has invested close to USD 2 billion in the India business. Earlier this year, it said it will invest another USD 3 billion in this market. But Agarwal admitted that it could be a while before India became as big a market as the US for Amazon, despite the spectacular rate of growth—150 percent year after year—it has been logging in India.

“Amazon globally has (earnings) USD 150-200 billion; India’s entire retail market is USD 500 billion, Amazon US is a very big market built over many years. If we execute well in India there is no reason, why India should not be at least the largest after the US, the selection on Amazon US is ten times that of Amazon India, it ships in 13 minutes, millions of Prime members have access to items shipped in an hour" Agarwal says.

14 Comments  |  
9 Dimers
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The good thing is that if Amazon kept on giving such price and code errors, more than half of its investment will be eaten by DD looters https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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Entertainer
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My LOOTS are well secured for 100 yrs… https://cdn2.desidime.com/assets/textile-editor/icon_wink.gif https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif
.
PS: VUnS… https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

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vijkap201 wrote:

My LOOTS are well secured for 100 yrs… https://cdn2.desidime.com/assets/textile-editor/icon_wink.gif https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif
.
PS: VUnS… https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

Hehe

It also implies that @rajrocks will keep on rocking for another 100 years unless nigel does a nigel https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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Deal Lieutenant
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kjdfhvkldfjghkd wrote:

The good thing is that if Amazon kept on giving such price and code errors, more than half of its investment will be eaten by DD looters https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

And DD will get commission for giving looters a common forum to loot them https://cdn3.desidime.com/assets/textile-editor/icon_wink.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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Deal Brigadier
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kjdfhvkldfjghkd wrote:

Hehe

It also implies that @rajrocks will keep on rocking for another 100 years unless nigel does a nigel https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

ya my next kin’s can take over https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

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rajrocks wrote:

ya my next kin’s can take over https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

So li’l dimer is ready… https://cdn2.desidime.com/assets/textile-editor/icon_wink.gif https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

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Deal Brigadier
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vijkap201 wrote:

So li’l dimer is ready… https://cdn2.desidime.com/assets/textile-editor/icon_wink.gif https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif now have to make accordingly https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif
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Deal Subedar
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100 years
Thats too much futuristic

BTW DD became HTTPS

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100 saal ka jugaad ho gaya .. https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

Hacker detected
Deal Subedar
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100 saal to kuch zyada hi kam h , kam se kam 2000 saal to hona tha

Shutterstock 1013504321
Deal Lieutenant
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Hathi ke Dant Bolne ko aur Karne ko Aur

Tum logo ka game 1-2 saal se Jayda nahi chalega

Pahle Flipkart bhi chupdi chupdi baate karta tha Amazon ke Tarah

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@hackerboys

No brother. I feel perfectly happy that they said 100 years. Because I have a very different vision of this world after 2000 years.

The humans will be far more conscious and truly human. There wont be anything like United states or India but a world as one, as it really is and practically should be. There will be no boundaries and so no wars. People will be free to move here and there without hassles of visas and passports. This whole world will be one big culture born through continuous amalgamation of people from different places. There will be no first class people and people from third worlds https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif No need investing in India then. Wherever you invest, you are investing in your own homeland.

An investment till 100 years is a nice thing because I dont think the stupid politicians all over the world will let humans grow so much in a 100 year time.

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kjdfhvkldfjghkd wrote:

@hackerboys

No brother. I feel perfectly happy that they said 100 years. Because I have a very different vision of this world after 2000 years.

The humans will be far more conscious and truly human. There wont be anything like United states or India but a world as one, as it really is and practically should be. There will be no boundaries and so no wars. People will be free to move here and there without hassles of visas and passports. This whole world will be one big culture born through continuous amalgamation of people from different places. There will be no first class people and people from third worlds https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif No need investing in India then. Wherever you invest, you are investing in your own homeland.

An investment till 100 years is a nice thing because I dont think the stupid politicians all over the world will let humans grow so much in a 100 year time.

This sounds like a dream world. Although I badly want something like this to happen but my intuition says nothing of that sort is gonna happen. There will be only a few languages spoken by that time and only a few wealthiest nations will survive.

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