Amazon now shuts wholesale distribution biz in India

New Delhi, Nov 28 (SocialNews.XYZ) 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.

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.

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

"As part of our annual operating planning review process, we have made the decision to discontinue Amazon Food," said a company spokesperson.

The company has denied laying off people in India.

Source: IANS

Facebook Comments

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

Share

This website uses cookies.