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0.000378112677578035 0.00118835412953059 -0.00372711067898232 -0.00329498190460749 0.000621185113163772 -0.000382974126289605 0.00199859558148331 0.00421325555015395
Stock impact report

Amazon begins selling items from neighborhood stores in India amid Facebook’s deal with Jio [TechCrunch Blog]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: TechCrunch Blog
The race to win the ubiquitous neighborhood stores is on in India. A day afterFacebookto serve tens of millions of neighborhood storesThe program will help customers discover products from local shops in their city. These shops will deliver the items themselves. In the event they want to service customers outside their serviceable area, they can work withAmazon“This is expected to be a win-win, as customers benefit from access to greater selection, faster deliveries, and additional value-added services, and local shops can transform themselves into digital stores,” said Gopal Pillai, VP of Seller Services at Amazon India, in a statement.Amazon said it piloted the “Local Shops on Amazon” program six months ago and has already on-boarded 5,000 local shops and retails from over 100 cities across India.These shops can list a variety of items on Amazon including products ranging from consumer electronics to mattresses, kitchen items to grocery and consumables, apparel and shoes to gifts, a Show less Read more
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