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Stock impact report

Amazon opens Cape Town walk-in centre as strives for market-share [Yahoo! Finance Canada]

NASPERS LTD S/ADR (NPSNY) 
For Amazon - which is striving to catch up with market-leader Takealot, owned by Naspers - the centre can increase its product range, increasing potential revenue. "The biggest thing is product breadth for our customers. We just want to have loads of products that people can buy," Robert Koen, Managing Director of Amazon Sub-Saharan Africa told Reuters after the launch event. More than 60% of sales in Amazon's stores globally are from independent sellers – most of which are small- and medium-sized businesses. Located at Amazon's head office in Cape Town, the centre offers local sellers a range of services, such as on-the-spot registration to sell on Amazon.co.za, training, product imaging and cataloguing assistance, and shipping and logistics Read more
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