- Reuters•2 years ago
* SoftBank joins Amazon.com in hefty investment bets MUMBAI/BANGALORE, Oct 30 (Reuters) - From Japan's richest man to Jeff Bezos, everyone wants a piece of India's booming online retail sector. On Tuesday, SoftBank Corp Chief Executive Masayoshi Son joined Bezos's Amazon.com Inc in pledging heavy investment in an e-commerce industry worth $10 billion and seen quadrupling in five years. Shares in companies like Transport Corp of India and Gati Ltd have surged more than three-quarters this year as industry watchers seek a chance to invest.
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