AMSTERDAM, Oct 27 (Reuters) - Amazon ( AMZN ) plans to
invest 1.4 billion euros ($1.63 billion) in the Netherlands in
the next three years, Dutch financial daily FD reported on
Monday, citing the company's head for Belgium and the
Netherlands.
The investment is partly aimed at the development of AI for
entrepreneurs who sell their products on Amazon's ( AMZN ) platform, Eva
Faic told FD.
Amazon ( AMZN ) has around 1,000 employees in the Netherlands, where
its online sales trail those of market leader Bol.com, a
subsidiary of retail firm Ahold Delhaize.
Earlier this month, Faic announced a $1.16 billion
investment in Amazon's ( AMZN ) Belgian operations.
($1 = 0.8575 euros)