Report: Amazon Pay nets $30m in fresh funding from parent firm
Tech in Asia·2021-05-14 17:00
“Amazon Pay India, the online payment business of ecommerce giant Amazon, has received fresh funding of US$30 million,” Business Line reported.
The money was raised from Amazon Corporate Holdings in Singapore and Amazon.com in Mauritius for the payment service’s infrastructure development in India.Amazon plans to set up 10 new fulfillment centers, five new sortation centers, 200 delivery stations, and over 100,000 seasonal jobs to meet customer demand.
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