(Bloomberg) -- Amazon.com Inc., the world's biggest
Web retailer, will increase investments in its China unit to
bolster sales from the largest Internet market behind the U.S.
The Chinese Web site, renamed Joyo Amazon.cn today, is the
company's fastest growing by sales, Jeff Bezos, chief executive
officer of Amazon.com, told reporters in Beijing. Bezos didn't
specify the size of investments in the Beijing-based unit
formerly known as Joyo.com Ltd., bought for $75 million in 2004.
Read more at Bloomberg Emerging Markets News
Web retailer, will increase investments in its China unit to
bolster sales from the largest Internet market behind the U.S.
The Chinese Web site, renamed Joyo Amazon.cn today, is the
company's fastest growing by sales, Jeff Bezos, chief executive
officer of Amazon.com, told reporters in Beijing. Bezos didn't
specify the size of investments in the Beijing-based unit
formerly known as Joyo.com Ltd., bought for $75 million in 2004.
Read more at Bloomberg Emerging Markets News
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