business / news / / TNW
Amazon Fresh and the local fulfilment network shut on 6 July.
Amazon Fresh and local fulfilment in Singapore will shut down completely on 6 July 2024.
KEY POINTS
- Amazon's data shows Singaporean shoppers prefer goods from US, Japanese, and German stores over local stock.
- Only a small number of Singapore-based roles will be eliminated, mostly in grocery and fulfilment operations.
- AWS and cross-border retail operations in Singapore remain unaffected, with a S$12 billion cloud investment ongoing.
- Amazon is shifting focus in Singapore from local grocery to cross-border parcels and international product selection.
COMPANIES
Summarized by Newsio from TNW. How we summarize →