Amazon taking office supply business to UK
Main page News, Tech

Amazon (NASDAQ: Amazon.com [AMZN]) is stretching its already massive tentacles into the UK's office supplies sector with the e-commerce giant announcing it will start a new unit selling laptops, power tools and cleaning products.

The venture named Amazon Business will offer companies of all sizes VAT-free pricing, VAT invoices, and software to track and limit spending.

Amazon launched a similar service in the US in 2015 and in Germany last year.

Amazon founder Jeff Bezos overtakes Buffett to become second richest person in the world
Amazon founder Jeff Bezos overtakes Buffett to become second richest person in the world

The US operation has so far proved a runaway success, clocking more than $1 billion in sales in its first year.

Head of Amazon Business UK Bill Burkland said the service would offer "a new set of unique business features - from reporting and analytics to spending limits and purchasing workflow approvals".

Amazon buys biggest online retailer in Middle East
Amazon buys biggest online retailer in Middle East

Amazon will also provide free one-day delivery on orders of $37 or more.

BBC

Read also:
Please describe the error
Close