AUD News Stocks 

Amazon finally launches in Australia, but it’s a ‘patchy’ start

“And until Tuesday, Amazon-registered sellers in Australia had been limited to sending goods offshore because the Seattle-based company did not have a warehouse in Australia” writes Rachel Koning Beals for Amazon AMZN, -0.26% offers its own retail selections in Australia, selling and shipping items direct to customers, and a third-party marketplace that allows other businesses to sell through Amazon’s website.Citi analysts, in a note, described Amazon’s initial Australian product offering as “patchy.” “We expect Amazon will not be disruptive to Australian retailers this Christmas,” they added.Myer and Amazon carried the same dress from Australian fashion designer Sass & Bide on Tuesday, but Myer advertised 78 items from that company compared to Amazon’s eight, Reuters reported.

Share This:

Related posts