Amazon, a U.S. Online retailer, is closing its wholesale distribution operation in India in order to concentrate more on its core retail business.
Its wholesale e-commerce platform, Amazon Distribution, which is accessible to local neighborhood shops in Bengaluru, Mysore, and Hubli, was created to make it easier for small shops, pharmacies, and department stores in India to get goods from the company.
“These are not decisions we make casually. To take care of our present partners and clients, we are ending this initiative gradually”, according to a business spokeswoman. Numerous individuals will lose their jobs as a result of the exit.
NAN