Amazon Expands Operations to Australia, Sends Ripples Across Twitter

© REUTERS / Salvador RodriguezAttendees at Amazon.com Inc annual cloud computing conference walk past the Amazon Web Services logo in Las Vegas, Nevada, U.S., November 30, 2017
Attendees at Amazon.com Inc annual cloud computing conference walk past the Amazon Web Services logo in Las Vegas, Nevada, U.S., November 30, 2017 - Sputnik International
Subscribe
Months after first announcing its new expansion plans, one of the largest online retailers in the world launched a new site in Australia.

Amazon's stock got boosted on Tuesday, December 5, after the company’s Australian operation went live and began accepting orders from customers.

According to CNBC, the retailer established a distribution center in a warehouse on the outskirts of Melbourne in order to decrease the delivery time and is also expected to offer free nationwide shipping for orders over 49 AUD (about $37).

​Some people however were not thrilled with the retailer’s expansion, citing relatively high prices as the chief reason for their negative reaction.

​This overall "realization that Amazon is not going to kill Australian retail" has also apparently caused local retailers like JB HiFi and Harvey Norman Holdings Ltd to rally, the news agency adds.

Amazon first announced its intention to expand to Australia in April this year.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала