Amazon Invests 600 Million Dollars In Indonesia

Comes just after Amazon has invested in India

 It has been reported that Amazon is due to invest 600 million US dollars in Indonesia, within one year.What had previously been a rumour was seemingly confirmed by Daniel Tumiwa, the head of Indonesia's ecommerce association.Tumiwa is quoted as saying that “Amazon announced it will open an ecommerce branch in Indonesia”, which he said will bring with it 600 million dollars of investment.However, Indonesia's ecommerce association has since commented on the quote saying that it could not confirm facts at the moment, and that the comments were made during a private conversation.Whilst no information has officially been released by Amazon, Tumiwa's comments have been come at a time when they have recently invested in other similar markets like India.

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