By Reuters Staff
2 Min Read
WARSAW, Jan 27 (Reuters) - Online shopping platform Amazon is preparing to set up a Polish based website so local shoppers will no longer have to order via its German site, it said on Wednesday, sending shares in top local rival Allegro down by over 7%.
Amazon has been present in Poland since 2014 with nine logistics centres but customers have had to order via its international websites, adding to costs. Local media have reported for months that the group was preparing to launch a local online shopping platform.
“Amazon has been supporting Polish customers for many years and helping to sell products of Polish entrepreneurs in our European stores. The next stage is the introduction of a full retail offer for consumers in Poland and it is now time to take this step,” Alex Ootes, vice president for EU Expansion at Amazon, said in a statement.