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Stock impact report

Amazon opens China distribution center for US-bound seller inventory [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Dive Brief: Amazon sellers can now store U.S.-destined inventory in bulk at the e-commerce giant's new distribution center in the manufacturing hotspot of Shenzhen, China, according to an April 9 announcement to sellers The Global Warehousing and Distribution location will allow sellers to "seamlessly replenish" goods for Amazon's U.S. fulfillment network when needed, per the announcement. Global Warehousing and Distribution is positioned as a low-cost storage option at a product's manufacturing origin, with cross-border transportation serviced via Amazon Global Logistics. The company said benefits to using the Shenzhen facility include storage costs up to 45% lower than its U.S.-based bulk storage services, Amazon Warehousing and Distribution. Sellers can also get inventory to U.S. fulfillment centers up to seven days faster through the Shenzhen storage and Amazon Global Logistics combination, it added. Dive Insight: Amazon called the services powered by the Shenzhen facil Show less Read more
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