Amazon launches online shopping service in South Africa [Reuters]
Amazon.com, Inc. (AMZN)
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Source: Reuters
JOHANNESBURG, May 7 (Reuters) - Amazon launched its online shopping service in South Africa on Tuesday, challenging a number of online retailers dominated by Naspers' Takealot.com. Africa's most advanced economy is usually seen as a good entry point for companies to expand into the continent and Amazon could be doing the same, analysts have said in the past. The launch of its service comes at a time when South Africa has seen a sharp rise in online shopping after the pandemic created an opportunity for e-commerce to finally take hold, with retailers doubling down on investments in response. Amazon.co.za will offer same-day delivery and next-day delivery with more than 3,000 pickup points. Shoppers will get free delivery on first orders, followed by free delivery for subsequent orders above 500 rand ($27.07), it said in a statement. ($1 = 18.4720 rand) The Technology Roundup newsletter brings the latest news and trends straight to your inbox. Sign up Reporting by Nqobile D
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