By ET Bureau - February 07, 2020 1 Mins Read
Amazon Web Service (AWS), the cloud computing unit of Amazon, will invest $236 million in the Brazilian state of Sao Paulo over the next two years, reports Reuters. The move comes as Amazon aims to strengthen its infrastructure in South America. The investment was announced by São Paulo governor João Doria, after a meeting with Shannon Kellogg, Director, Public Policy at AWS.
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AWS will create more jobs, technology and also opportunities for startups in Sao Paulo, said the governor. The move comes from AWS as it strives to expand its online retail in the competitive Brazilian market.
Source: https://www.reuters.com/article/us-aws-investment-brazil/amazons-aws-to-invest-236-million-in-brazil-to-strengthen-cloud-infrastructure-idUSKBN1ZZ1UN
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