It is not easy as an investor in the stock market to make decisions in this global pandemic. You would know the issue of rising and fall of stocks in the share market. The stocks are entitled to quick and unexpected fluctuations which are in their nature. Amazon is one of the best performers in the stock market. The Amazon stock price is also quite high, which is fine. It was very surprising for Amazon to end up in the successful corner in this global pandemic.
Amazon is the 2nd leading company in the stock market performance in 2020. Many Major business companies fell off in the stock market due to this. Amazon’s one of the biggest markets is n Indi where the revenue earned is very high. As one of the most popular e-commerce retail companies in India, the stock rate is also very high.
Continuous expansion efforts have been made from Amazon’s side in India. Amazon pay, amazon prime ad also another minute investment is the major expansion move from Amazon. In this article, we will take a look at the recent 2.8 billion investment, which is cards for a new cloud data centre.
● Amazon is the biggest market stockholder with Flipkart in the Indian market. To expand itself, Amazon introduced [AWS] Amazon web services in India. The Indian audience caught up with Netflix, which was first to ever do it. Now, Amazon is the leading competitor to Netflix, which is very dominant in India. In recent years, Amazon prime is moving ahead to the rise now. To be more relevant, Amazon is looking ahead to overtake Netflix.
● On Friday, a major minister of India Announced that Amazon is investing about 2.8 billion for the Expansion process. Amazon is the big bull of Indian market and constant efforts to grow more have been working out. This investment is for building a cloud data centre in India, Hyderabad city. This place is a hub for many big companies for expanding their businesses.
● First data centre region of Amazon is located in Mumbai, which is the hub for major companies. Now, this is the second-day centre which will be used for expanding its business in Indian territory. This move is also for attracting more and more audiences to Amazon in India. India is also happy for this major investment because it will provide Indian society with the best retail e-commerce service.
This was all about the investment which was made recently by Amazon in India. You, as an investor, can look out for Amazon stocks due to the combined possible future profit. If you want to know more information, you can check its AMZN news.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.