Bezos’ online post details a stunning and bizarre clash between the world’s richest man and the nation’s biggest tabloid publisher. In it, all of the country’s obsessions of recent years appear to have collided, from the personal lives of billionaires and sensational tabloid headlines to Trump’s fight with the media.
The rules bar Amazon and Flipkart Online Services Pvt. Ltd. from owning inventory, and require them to treat all vendors equally, throttling discounts and exclusives -- a huge advantage to homegrown companies including Ambani’s new venture.
Ambani’s ability to influence policies in his home market shouldn’t be underestimated. Just as Reliance gets ready to push ahead, the Indian government has tweaked its e-commerce rules and made them more onerous for Amazon and Walmart-Flipkart.
Amazon’s Jeff Bezos wore pajamas to a meeting. But it was no casual wear Wednesday at work. In an instagram post he said that it was to raise awareness about childhood cancer, the second leading cause of death in the US between kids aged 4 and 14.