The largest online retailer in the world, Amazon, will launch operations in Nigeria as part of a plan to expand to five more nations in Africa, South America, and Europe.

According to Business Insider, the American e-commerce company will open marketplaces in two African nations.

The e-commerce behemoth, which already has operations in 20 nations, will begin doing business in Chile, South Africa, and Nigeria in April 2023.

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https://www.youtube.com/watch?v=My8D3Z6hC64

The e-commerce startup will establish marketplaces with access to Fulfillment by Amazon, Amazon's fulfillment service, in each of the five nations.

Amazon's ambitions to expand the size of its American outlet were also noted in the report.

Although only Belgium will initially have access to Amazon's Prime membership program, other nations won't until well after the event has started.
Amazon's entry into Nigeria's e-commerce market, which is now dominated by Jumia, Konga, and Jiji, will increase competition there.

Amazon has a presence in 20 nations with developed economies, but it is not as prevalent in developing nations like South America and Africa.

Peter
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This is a really good development.

It time to make money for Nigerian business

Because amazon would be handling the wearhousing and logistics