Report: Online giant is eyeing Brazilian warehouse
Amazon is ready to step up its push into Latin America’s biggest retail market.
The online giant looking to lease a 50,000-square-meter warehouse (which equates to more than 530,000 sq. ft.) just outside Sao Paulo, Brazil. The move will give it an even bigger foothold in the country, according to Reuters.
The report said the logistics investment would be four times the size of its current book-shipping operation in the country. It also indicates that the online retailer may be preparing to handle the distribution of electronics and other goods sold on its Brazilian website.
Amazon added electronics to its Brazilian merchandise assortment in October, the report said.
To read more, click here.
The online giant looking to lease a 50,000-square-meter warehouse (which equates to more than 530,000 sq. ft.) just outside Sao Paulo, Brazil. The move will give it an even bigger foothold in the country, according to Reuters.
The report said the logistics investment would be four times the size of its current book-shipping operation in the country. It also indicates that the online retailer may be preparing to handle the distribution of electronics and other goods sold on its Brazilian website.
Amazon added electronics to its Brazilian merchandise assortment in October, the report said.
To read more, click here.