Amazon’s plan to dominate the online retail space is in full swing with leaked documents revealing its imminent expansion into the South African market come 2023.
According to Business Insider, the American conglomerate plans to expand to at least five new territories in the coming year, including Belgium, Chile Colombia, Nigeria, and South Africa.
South Africans can expect the retail giant to launch in February 2023 with its expansion including the launch of its own marketplace and the Prime membership programme.
Earlier this year, news broke that Amazon was looking around for warehouse space in South Africa, which it reportedly secured. Reports suggest that it is currently chatting to local courier companies and fast-moving consumer goods (FMCG) retailers, as per Business Tech.
The online retailer’s move into South Africa will not be an easy one as firm favourite, Takealot, owns a considerable share in the online shopping space. The Naspers-owned company also includes delivery service Mr D and online fashion store, Superbalist.
Picture: Unsplash sho