India bet is paying off big time: Amazon's Jeff Bezos tells investors

Prime loyalty programme saw its fastest growth in India compared to any of the other geographies where the company has taken it

As India becomes an increasingly important market for US online retail giant Amazon, founder and CEO Jeff Bezos in a letter to investors on Wednesday assured them that the billions of dollars the company was investing into the country was producing results.

In the letter, Bezos claimed that Amazon India was the fastest growing marketplace in the country and its website was the most visited site on desktops as well as mobile devices, citing comScore and SimilarWeb. He also said that the Amazon app was the most downloaded shopping app in India in 2017, according to App Annie.

Moreover, the