23.7 C
New York
Wednesday, February 1, 2023

Amazon announced to shut down its wholesale distribution business in India

Google Ads
Google Ads

Amazon announced to shut down its wholesale distribution business in India

Amid an exercise to end certain verticals as part of a global exercise in cost-cutting, Amazon on Monday announced the closure of its wholesale distribution business in India.

New Delhi: Amid an exercise to end certain verticals as part of a global exercise in cost-cutting, Amazon on Monday announced the closure of its wholesale distribution business in India.

E-commerce specialist is discontinuing Amazon distribution, their wholesale e-commerce site is available in some parts of Bengaluru, Mysore and Hubli.

The company had previously shut down its online learning and food delivery platform, Academy, in India.

“We do not take these decisions lightly. We are discontinuing this program in phases to take care of existing customers and partners,” a company spokesperson said in a statement.

Amazon has launched its delivery service to empower local kirana stores, pharmacies and department stores in the country.

Last week, Amazon said it would close its food delivery business in India, a day after it announced the closure of the educational tech industry in the country.

Amazon started its food delivery service in India in May 2020.

A company spokesperson said: “As part of our annual operational plan review process, we have made the decision to discontinue Amazon Food.

The company has refused to lay off people in India.

Hindi News
Pinkvilla News News
Bollywood News

Amazon announced to shut down its wholesale distribution business in India

Teja
Teja
I am passionate about journalism and using new technology to spread news. I am also interested in politics and economics, and I am always looking for ways to make a difference in the world. I am the CEO of Janaseva News, and I am 24 years old.

Related Articles

Google Ads

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Google Ads
- Advertisement -

Latest Articles

Google Ads

usa news