Amazom.com plans to expand to launch online shopping services in South Africa and four other countries by early 2023, according to a report.
expand to launch online shopping services in South Africa and four other countries by early 2023, Business Insider reported, citing leaked documents.
The move could signify bad news for local online retailers, including the leading South Africa online shopping player, the Naspers-owned Takealot Group. The five markets that Amazon will expand to over the next year are South Africa, Nigeria, Belgium, Chile and Colombia, Business Insider said, citing internal Amazon documents it obtained.The South African launch, reportedly codenamed Project Fela , is expected in February 2023, the publication said, citing an internal timeline. The Nigeria launch is reportedly planned for April 2023.
Amazon has long had a presence in South Africa through its cloud services business, Amazon Web Services. In fact, a portion of AWS’s cloud offering was originally developed in Cape Town and the city is still host to a large software development centre.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon to launch in South Africa and take on Takealot: reportAmazon plans to launch an online marketplace in South Africa as part of a global expansion in the coming year.
Read more »
Challenging the stigma of male infertility in South Africa
Read more »
Kirkwood farm violence and destruction - Nicolas Verwey (48) has sadly passed away - South Africa TodaySecurity guard Nicolas Verwey (48) has died 2 months after a brutal attack by striking farm workers in Kirkwood
Read more »
Zoom Fibre — the fastest company to 100,000 homes passed in South AfricaMyBroadband spoke to Zoom Fibre about its progress in South Africa and its future plans.
Read more »
How to invest in your 20s and 30s in South AfricaThe recent downturn in global investment markets has understandably made many aspiring investors a little nervous about putting their money into the share market.
Read more »
The emergence of a new ‘currency’ in South AfricaOne of the key insights to come out of the 2022 Sanlam Benchmark Survey – an annual body of research into the state of retirement funds and retirees in South Africa – is the emergence of a new ‘currency’ in South Africa: post-pandemic job security.
Read more »