Why Amazon is SHUTTING businesses in India! Is Amazon closing in India? | Business CASE STUDY

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About the video-

Amazon will be shutting down three of its businesses in India to thrive amid the ongoing economic slowdown.

The U.S -based tech giant is currently working on cost-cutting measures amid the economic slowdown. After the mass lay off, the company decided on cost-cutting around its global business amid the economic slowdown.

In one of the media statements, Amazon confirmed that the company will discontinue Amazon Distribution, their wholesale e-commerce division, as part of the annual operating planning review process. The service will no longer operate from December 29, 2022.

Tags-
Is Amazon closing in India?
Why Amazon is not profitable in India?
What are the major challenges that Amazon faced in India?
Amazon shutting down wholesale distribution
Why Is Amazon Shutting Down Its Whole Distribution

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Video Timings-

Amazon owns everything: 00:00
Why Amazon is shutting Amazon Academy : 02:01
What's wrong with Amazon Food: 03:45
Amazon Wholesale is closing: 05:09
Ending Credits! 07:25


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