Jeff Bezos bullish on India, will invest $1 billion to digitize small businesses

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Amazon hopes to export goods worth $10 billion from India by 2025

 Jeff Bezos said Amazon will invest another $1 billion in India to help 10 million Indian small and medium businesses (SMBs) sell online amid nationwide protests by neighbourhood shopkeepers against his visit and the competition watchdog ordering a probe into ecommerce platforms.

Amazon, which has invested more than $5 billion in India since 2013, said its latest programme will help SMBs participate in India’s rapidly growing ecommerce and that it hopes to export locally made goods worth $10 billion from the country by 2025.

“Our goal is, don’t forget, to make sure that more people can participate in the prosperity of India,” Bezos told the audience at an Amazon event in New Delhi.

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Amazon’s revolutionary retail strategy? Recycling old ideas

 

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I SOMETIMES THINK that if you could look in the safe behind Jeff Bezos’ desk, instead of the sports almanac from Back to the Future you’d find an Encyclopedia of Retail, written in maybe 1985. There would be Post-It notes on every page, and every one of those notes would have been turned into a team and maybe a product.

Amazon is so new, and so dramatic in its speed and scale and aggression, that we can easily forget how many of the things it’s doing are actually very old. And we can forget how many of the slightly dusty incumbent retailers we all grew up with were also once considered radical, daring, piratical new businesses that made people angry with their new ideas.

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Jeff Bezos unveils a giant lunar lander that he says is ‘going to the moon’ and will help Blue Origin populate space

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Jeff Bezos shows off Blue Origin’s lunar lander concept, called Blue Moon, in Washington, DC, on May 9, 2019.
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Jeff Bezos, the billionaire founder of Amazon, unveiled on Thursday a giant lunar lander concept by his spaceflight company, Blue Origin.

Called “Blue Moon,” the vehicle is designed to deliver a variety of types of payloads to the moon’s surface — including people at some point.

NASA said in April that it wants to fund a large, private lunar lander to get its astronauts to and from the moon, ideally as soon as 2024.

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Jeff Bezos predicts we’ll have 1 trillion humans in the solar system, and Blue Origin wants to help get us there

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Blue Origin’s aim is to lower the cost of access to space, Jeff Bezos said during a surprise appearance at Wired’s 25th anniversary conference.

Amazon and Blue Origin founder Jeff Bezos provides the keynote address at the Air Force Association’s Annual Air, Space & Cyber Conference in Oxen Hill, MD, on September 19, 2018.

Blue Origin founder and Amazon CEO Jeff Bezos predicts we’ll have 1 trillion humans in the solar system one day — and he laid out Monday how the rocket company plans to help get there.

“I won’t be alive to see the fulfillment of that long-term mission,” Bezos said at the Wired 25th anniversary summit in San Francisco. “We are starting to bump up against the absolute true fact that Earth is finite.”

Blue Origin’s aim is to lower the cost of access to space, Bezos said. He will spend a “little more” than $1 billion next year to support Blue Origin, he said.

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Jeff Bezos’Blue Origin will start selling tickets to space next year

Blue Origin, the space-tourism startup owned by Amazon’s Jeff Bezos, says it will start selling passenger tickets for trips into space in 2019.

The timeline came from Blue Origin senior vice president Rob Meyerson, whose comments at an Amazon Web Services event were reported by Space News. Meyerson did not say how much the tickets would cost when they go on sale.

The company also plans to conduct crewed test flights of its New Shepard rocket “soon” — meaning Bezos’s company could, at least by one metric, get a jump on rival SpaceX.

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Prime delivery, straight from the moon? Bezos dreams of heavy industry in space

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Amazon founder Jeff Bezos is convinced that one day “we are going to have to leave this planet.” And he believes that his Blue Origin space company can help make it happen.

Outlining his ambitious vision at the Space Development Conference in Los Angeles during a recent on-stage chat with GeekWire‘s Alan Boyle, Bezos said that, ideally, Blue Origin would collaborate with NASA or ESA, Europe’s space agency, to move toward his goal, though he said that if that doesn’t work out, his company would go it alone.

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Life… UNLIMITED: Beating ageing is set to become the biggest business in the world, say tycoons

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Silicon Valley billionaires are investing in slowing the ageing process

They include PayPal co-founder Peter Thiel and Amazon founder Jeff Bezos

Investor Jim Mellon is leading the anti-ageing race on this side of the Atlantic

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A ‘human swarm’ has figured out where Jeff Bezos should donate his money

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Jeff Bezos tweeted in June that he wanted short-term, high-impact ways to do social good.

An artificial intelligence platform put 46,000 suggestions to a vote, using a method inspired by how bees swarm.

Universal access to clean drinking water was the winner.

 

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