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Amazon expands in Korean e-commerce business
05 Jul '17
1 min read
Amazon is all set for expansion in the Korean e-commerce business. The process of recruiting sellers has already been initiated at the Seoul office. So far, tech infrastructure was the major source of revenue from Korea for Amazon. Its move to expand in online business will further strengthen its base as a retail services operator in the country.
Exploring opportunities in Korean market will be boost for Amazon as it will be a platform for the locals to purchase products from various parts of the world, according to Korean media reports. It will simplify the process of shopping due to Amazon's state-of-the-art retail and logistics systems.
Amazon is yet to reveal its strategy for expanding its online business in the Korean retail industry. US based e-commerce major has strengthened its retail business with its presence across the globe. (RR)
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