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Pocket FM was founded in 2018 by Rohan Nayak, Nishanth KS (both alumnus of IIT Kharagpur) along with Prateek Dixit. [5] The company's app on Google Play surpassed 100 million downloads in 2023. [6] Pocket Novel, an online reading platform, was officially launched by the company in 2024 after a year-long beta phase.
Amazon websites are country-specific (for example, amazon.com for the US and amazon.co.uk for UK) though some offer international shipping. Visits to amazon.com grew from 615 million annual visitors in 2008, to more than 2 billion per month in 2022. The e-commerce platform is the 14th most visited website in the world.
Having already invested over $6 billion in India, a key growth market, Amazon acquired a 49% stake in Future Coupons, a subsidiary of Future Retail, India's second largest retail chain after Reliance Industries. The deal would give Amazon a 3.58% stake in Future Retail through warrants owned by Future Coupons.
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