Amazon is expanding operations in Turkey amid the COVID-19 outbreak that has driven up online sales.
The company, which arrived in the country three years ago, has commissioned local firm Ceva Logistics to establish an operations centre in the Tuzla district in Istanbul.
Ceva will be responsible for storing goods, inventory management and distribution of orders, according to business daily Dunya.
The investment is expected to create more than 1,000 jobs.
Amazon is also considering launching another operation on Istanbul’s European side to provide fast delivery services, the daily reported.
This week, Amazon also started to deliver food orders in Turkey.
E-commerce volume in Turkey leapt 66% y/y in 2020 to Turkish lira (TRY) 226bn ($27.6bn) with online spending accounting for 4.1% of the country’s GDP.
Online orders in Turkey grew by 68% to 2.3bn. Food and supermarket orders on the internet rose by 200% while online home appliances purchases increased by 129%.
Despite his AKP party’s defeat in the weekend’s local elections, Turkish President ... more
Turkish footwear manufacturers are stepping up their investments in Uzbekistan’s leather and footwear industries, according to local reports. A $1mn investment in the manufacture of leather, ... more
Shipping companies are the latest to feel the effects of “the West’s very tight blockade against the Turkish banking system”, according to a report by Turkish publication Ekonomim. In ... more