Previous close | 36.49 |
Open | 36.46 |
Bid | 27.45 |
Ask | 29.95 |
Strike | 215.00 |
Expiry date | 2024-05-03 |
Day's range | 36.46 - 36.49 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Amazon launched its online shopping service in South Africa on Tuesday, challenging a number of online retailers dominated by Naspers' Takealot.com. Africa's most advanced economy is usually seen as a good entry point for companies to expand into the continent and Amazon could be doing the same, analysts have said in the past. The launch of its service comes at a time when South Africa has seen a sharp rise in online shopping after the pandemic created an opportunity for e-commerce to finally take hold, with retailers doubling down on investments in response.
JOHANNESBURG (Reuters) -Amazon launched its online shopping service in South Africa on Tuesday, challenging a number of online retailers dominated by Naspers' Takealot.com. Africa's most advanced economy is usually seen as a good entry point for companies to expand into the continent and Amazon could be doing the same, analysts have said in the past. The launch of its service comes at a time when South Africa has seen a sharp rise in online shopping after the pandemic created an opportunity for e-commerce to finally take hold, with retailers doubling down on investments in response.
Following are the top stories in the Wall Street Journal. - Amazon.com will invest an additional $9 billion in its cloud infrastructure in Singapore to meet growing demand for cloud technology and services. - United Parcel Service said Chief Financial Officer Brian Newman is departing the company to focus on his health.