Amazon India – massive jump in merchants selling internationally

BENGALURU (Reuters) – Amazon.com Inc’s India unit saw a 56% rise in the number of local merchants selling to international markets, hitting export sales of over $1 billion, the company said on Tuesday. More than 80% of the company’s current export vendors were from small towns and cities, vice president of seller services Gopal Pillai said. In February, a new set of ecommerce regulations caused widespread disruption on Amazon’s India website, when products started disappering from its virtual shelves for some time. Amazon launched its Global Selling Program in 2015, as part of its efforts to get more small-and-medium sized vendors on board. Amazon is fighting with Walmart Inc’s Flipkart for market share in the country, while dealing with constantly changing government rules.

Read Full Article Here

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

NYOOOZ FRIEND

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.

Related Articles