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Amazon NASDAQ:AMZN will invest $3 billion to expand its quick commerce business in India by 2030, two sources told Reuters, its biggest bet yet on a segment where local rivals have built a large lead in deliveries within minutes. The plan calls for $1 billion by the end of 2027 and another $2 billi…
Quick commerce space has reshaped online shopping in urban India Amazon investment to expand new stores, better stock selection Company to focus on daily essentials, not one-off buys, source says Some experts say Amazon could face challenges in catching up By Aditya Kalra and Greg Bensinger NEW DELHI/SAN FRANCISCO, Sep