Seattle, Washington-based on-line retail large Amazon could also be planning to convey its well-liked ‘Audible’ audio e-book service to India if reviews within the nation’s nationwide media is something to go by. The corporate has reportedly already began beta-testing the service within the nation, and is prone to launch it formally early subsequent 12 months. Whereas Audible is on the market as a standalone service for $14.95 (Rs. 970) per thirty days within the U.S., a restricted assortment from its huge library can be provided as a bundle subscription package deal with Kindle Limitless that comes with a price-tag of $9.99 per thirty days. There’s no indication about how Amazon will worth Audible in India, however going by prior examples (Prime and Kindle), count on the service to be drastically cheaper than it’s in America.
Whereas the web is abuzz with tales in regards to the impending Audible launch within the nation, Amazon itself has been enjoying its playing cards to shut to its chest. In a generic sounding e-mail response to queries from the media, an official spokesperson of the corporate refused to both verify or deny the reviews, however mentioned that, “We’re at all times seeking to proceed to develop our choices on behalf of our world membership base”.
Amazon has been betting large in India over the previous few years with a reported $5 billion already invested within the nation so far. Whereas the corporate’s CEO and co-founder Jeff Bezos has already visited India and met the nation’s political and enterprise leaders in an effort to strengthen relations, Amit Agarwal, the top of Amazon’s India operations, has additionally made it clear that the corporate is in it for the lengthy haul within the nation, saying that the huge investments deliberate for the longer term are nonetheless on observe regardless of the $1 billion Q3 loss that was totally on account of worldwide expansions “primarily in India”, if a press release from the corporate’s CFO, Brian T Olsavsky, is something to go by.