2.8 C
London
Friday, November 22, 2024
HomeBusinessAmazon now shuts wholesale distribution biz in India

Amazon now shuts wholesale distribution biz in India

Related stories

J&K police release list of seized assets used for terrorism

Jammu, Feb 16 : The police in Jammu and...

Israel says 4 mln citizens vaccinated against Covid-19

Jerusalem, Feb 17 : Israeli officials announced that some...

Hungary to receive first shipment of Chinese vaccines

Beijing, Feb 17 : A Hungarian cargo plane loaded...

New Delhi: Amid an exercise to wind up certain verticals as part of global exercise to cut costs, Amazon on Monday announced to shut down its wholesale distribution business in India.
The e-commerce major is discontinuing Amazon Distribution, its wholesale e-commerce website available in some parts of Bengaluru, Mysore and Hubli.
The company earlier shut down its food delivery and online learning platform called Academy in India.
“We don’t take these decisions lightly. We are discontinuing this programme in a phased manner to take care of current customers and partners,” a company spokesperson said in a statement.
Amazon had launched its distribution service to empower local kirana stores, pharmacies and department stores in the country.
Also Read Airtel 5G Plus goes live in Patna Last week, Amazon said it is shutting down its food delivery business in India, a day after it announced to shut down its edtech vertical in the country.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories