Tuesday, September 2, 2014
Amazon to open distribution center in Shanghai FTZ
Amazon will open a distribution within the 11-square-mile Shanghai Free Trade Zone, according to media reports.
The online retail giant will open a logistics warehouse to better serve its small Chinese customer base, offering faster delivery and lower cost shipping, according to the Financial Times
"We're going to have lower shipping charges, faster delivery coming into the free-trade zone, so there are going to be many benefits," said Diego Piacentini, the vice-president of Amazon's international consumer business, on Chinese television, FT reported.
Amazon has not confirmed when it will start operations in the free trade zone.
For more of the Out-Law.com story: www.out-law.com
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