Ecommerce News

Amazon invested 17 billion euros in UK

Amazon invested 17 billion euros in UK

Last year, ecommerce giant Amazon invested more than 17 billion euros (15 billion British pounds) in the United Kingdom. This is part of the company’s plan to invest 46 billion euros (40 billion British pounds) by the end of 2027. According to Amazon’s financial report, the United Kingdom is the company’s third-largest market globally.

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Fulfilmentcrowd: ‘stock localization to become more important’

Fulfilmentcrowd: ‘stock localization to become more important’

Online sellers are increasingly dividing their stock across warehouses in several markets to provide a more local experience to their customers. According to global fulfilment provider fulfilmentcrowd, localizing stock will become increasingly more important for international sellers following the introduction of parcel fees on imported goods in the European Union.

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