Amazon tycoon
Jeff Bezos promised Wednesday a new billion-dollar investment in
India, just two days after authorities launched an anti-trust investigation into the e-commerce giant.
A three-day visit by Bezos, whose worth has been estimated at more than $110 billion, sparked
protests in New Delhi and other cities by traders who accuse
Amazon and its main US-owned rival Flipkart of killing off India's army of street traders.
Bezos, who has spent heavily to make his company an e-commerce titan in the world's second most-populous nation, sought to head off critics by promising one billion dollars to digitise small and medium-sized Indian businesses.