Amazon opens Cape Town walk-in centre as strives for market-share
1. Amazon opened a walk-in center in South Africa for independent sellers. 2. This move aims to increase customer attraction and market share.
FAQ
Why Bullish?
Expanding international operations can enhance revenue growth, similar to past expansions in India.
How important is it?
Expansion into new markets can significantly affect long-term revenue and stock performance.
Why Long Term?
Sustained growth in emerging markets often takes time to materialize, as seen with Amazon's India strategy.