Amazon Quiz: Which of these companies has recently invested INR 375 crore in its Indian logistics arm?
Toyota
Tata Steel
Amazon
LG
Answer: Amazon
Amazon is among the world’s most prominent e-commerce sites, and India with its population and purchasing power happens to be a rich market for the company. Thus, it is Amazon’s aim to onboard more sellers, at least “a couple of million more”, from what Amazon India manager Manish Tiwary told the Economic Times. The company’s aim is to ultimately attract 500 million more customers to the platform.
Currently, Amazon has 1.1 million sellers on the platform reaching a customer base of over 100 million.
To this end, Amazon has set up Smart Commerce. This initiative allows offline stores to set up digital storefronts, and sell their products on the Indian marketplace. Now, stores of all kinds, irrespective of their sizes and scale of operations can tap into Amazon’s expertise in shopping, logistics, and digital payments, and serve customers better in both digital and physical stores.
Amazon India often scales up to serve customer needs better. In October 2021, ahead of the festive season, the e-commerce platform decided to give a boost to its operations network, which would allow buyers to have a seamless, quicker, and more reliable shopping experience, all over the nation.
“We remain committed towards investing in the country and strengthening our reach, and enabling our sellers”, Akhil Saxena, Vice President of customer fulfilment operations had said at the time, as per Business Standard.
Amazon Quiz: What was the nationality of the artist of this painting?
