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Online retail giant Amazon enters Australian market
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Top Stories |
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IANS | 05 Dec, 2017
Online US retail giant Amazon has officially launched operations in
Australia on Tuesday, with the brand looking to make an impact in the
lead up to the busy Christmas period.
Their 24,000-square-meter
warehouse in the outskirts of Melbourne will offer 23 consumer
categories ranging from books, electronics, clothing, home improvement,
kitchen goods, health and beauty and baby products, reports Xinhua news
agency.
Australian country manager Rocco Braeuniger told local
media that "by concentrating on providing a great shopping experience
and by constantly innovating on behalf of customers, we hope to earn the
trust and the custom of Australian shoppers in the years to come".
But not everyone is happy about the e-commerce platform's expansion into Australia.
Among
the hardest hit by the new player will be Aussie department stores like
David Jones, Myer, Harvey Norman and JB HiFi, who are already under
heavy pressure from a weakening retail sector down under.
Adding
fuel to the fire, Amazon has offered a one-day delivery service across
Sydney and Melbourne over the Christmas holiday period.
In 2018,
Amazon also plan to take on the country's largest supermarket chains
with their brand AmazonFresh, offering delivery services for fresh food
online.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
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78.25
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75.65 |
Japanese
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58.85 |
56.85 |
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