Saturday, February 4, 2023

 Amazon to Shut Down Wholesale Distribution in Third Business Exit in India

By ET Bureau - November 28, 2022 1 Mins Read

The retailer Amazon is closing its wholesale distribution operation in India, the latest in a string of retreats in the crucial international market where it has invested over USD 7 billion over the past ten years.

The American e-commerce behemoth announced that it was ending Amazon Distribution, a wholesale website that was accessible in quaint corner stores in Bengaluru, Mysore, and Hubli. Amazon did not provide a reason for closing the wholesale distribution service, but the decision comes after the company closed two other businesses in the nation as part of a global business restructuring.

Also Read:Intelligent Automation – The Key to Digital Transformation Success

Nevertheless, the string of announcements has led many to theorize that Amazon, which has invested more than USD 6.5 billion in its local business there, is gradually reducing its operations in the South Asian market.

Read More: Amazon shutting down wholesale distribution in third business exit in India

Check Out The New Enterprisetalk Podcast. For more such updates follow us on Google News Enterprisetalk News.


ET Bureau

The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

Subscribe To Newsletter

*By clicking on the Submit button, you are agreeing with the Privacy Policy with Enterprise Talks.*