Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Amazon opens Cape Town walk-in centre as strives for market-share

by
January 16, 2025
in Investing
0
Amazon opens Cape Town walk-in centre as strives for market-share

By Nqobile Dludla

CAPE TOWN (Reuters) – U.S. e-commerce giant Amazon.com (NASDAQ:AMZN) opened on Thursday a walk-in centre in South Africa that it says will help its independent sellers attract more customers and expand their businesses, while it also seeks to gain market share.

For Amazon – which is striving to catch up with market-leader Takealot, owned by Naspers – the centre can increase its product range, increasing potential revenue.

“The biggest thing is product breadth for our customers. We just want to have loads of products that people can buy,” Robert Koen, Managing Director of Amazon Sub-Saharan Africa told Reuters after the launch event.

More than 60% of sales in Amazon’s stores globally are from independent sellers – most of which are small- and medium-sized businesses.

Located at Amazon’s head office in Cape Town, the centre offers local sellers a range of services, such as on-the-spot registration to sell on Amazon.co.za, training, product imaging and cataloguing assistance, and shipping and logistics support.

The Seattle retailer launched in South Africa last year May, its first Sub-saharan African country.

Speaking on performance during the holiday season, Koen said: “I think Q4 (fourth quarter) was actually very encouraging. We exceeded all the goals that we set for ourselves.”

He added first-time shoppers were returning to its online store and had given good feedback on the speed of delivery.

This post appeared first on investing.com
Previous Post

Microsoft integrates Copilot AI into 365 suite, raises subscription prices

Next Post

Microsoft to now include Copilot in Microsoft 365 for consumers

Next Post
Microsoft to now include Copilot in Microsoft 365 for consumers

Microsoft to now include Copilot in Microsoft 365 for consumers

  • Trending
  • Comments
  • Latest
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Lindsey Graham says there’s ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

Lindsey Graham says there’s ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Lindsey Graham says there’s ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

Lindsey Graham says there’s ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

January 25, 2026
Senate Dems revolt against DHS funding bill amid Minneapolis chaos, hiking government shutdown risk

Senate Dems revolt against DHS funding bill amid Minneapolis chaos, hiking government shutdown risk

January 25, 2026
Lindsey Graham says ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

Lindsey Graham says ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

January 25, 2026
Another Christian community at risk in Africa as extremists and war take their toll

Another Christian community at risk in Africa as extremists and war take their toll

January 24, 2026

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Lindsey Graham says there’s ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

    Lindsey Graham says there’s ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

    January 25, 2026
    Senate Dems revolt against DHS funding bill amid Minneapolis chaos, hiking government shutdown risk

    Senate Dems revolt against DHS funding bill amid Minneapolis chaos, hiking government shutdown risk

    January 25, 2026
    Lindsey Graham says ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

    Lindsey Graham says ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

    January 25, 2026
    Another Christian community at risk in Africa as extremists and war take their toll

    Another Christian community at risk in Africa as extremists and war take their toll

    January 24, 2026

    Top News

    Lindsey Graham says there’s ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

    Lindsey Graham says there’s ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

    January 25, 2026
    Senate Dems revolt against DHS funding bill amid Minneapolis chaos, hiking government shutdown risk

    Senate Dems revolt against DHS funding bill amid Minneapolis chaos, hiking government shutdown risk

    January 25, 2026

    Latest News

    • Lindsey Graham says there’s ‘strong consensus’ to protect Kurds as Syrian forces advance on territory
    • Senate Dems revolt against DHS funding bill amid Minneapolis chaos, hiking government shutdown risk
    • Lindsey Graham says ‘strong consensus’ to protect Kurds as Syrian forces advance on territory

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.