What Amazon invested in Singapore in 2023
The Straits Times|November 29, 2024
Amazon invested $2 billion across its retail and cloud businesses in Singapore in 2023.
Timothy Goh
What Amazon invested in Singapore in 2023

The capital injection covers infrastructure upgrades to its fulfillment centers, delivery stations and data centers, the e-commerce giant said in a statement on Nov 28.

It added that the funds were also directed towards operating expenditure, covering technology, safety, as well as expansion programs for its customers, delivery partners, small and medium enterprises, and employee compensation.

Amazon said its investment in Singapore supported more than 4,000 indirect jobs in sectors such as construction, logistics and professional services.

This story is from the November 29, 2024 edition of The Straits Times.

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This story is from the November 29, 2024 edition of The Straits Times.

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