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Amazon to launch retail operations in Israel

Online giant offers Israeli suppliers the chance to sell locally using its Fulfillment By Merchant method.

by  i24NEWS and Israel Hayom Staff
Published on  05-01-2019 09:14
Last modified: 10-04-2019 08:29
Amazon to launch retail operations in IsraelReuters

Amazon boxes are seen stacked for delivery | Photo: Reuters

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Amazon contacted Israeli suppliers on its platform to offer them to be among the first to sell locally to customers through its Fulfillment By Merchant (FBM) sales method.

"Dear friend, We are pleased to invite you to be part of a group of selected sellers and to participate in the Local Delivery program in Israel," wrote Amazon co-founder and CEO Jeff Bezos in the Hebrew-language invitation, according to The Jerusalem Post.

FBM means that sellers list their products on Amazon but ship them to buyers themselves, rather than via the online giant's distribution service.

FBM can be a stepping stone before the online giant establishes its own warehouses.

The move to begin local operations comes after Amazon briefly provided free shipping for goods exceeding $75 to Israel at the end of last summer.

In 2017, Amazon announced that it would set up a couple of research and development centers in Haifa and Tel Aviv.

This article was originally published by i24NEWS. Read more at https://www.i24news.tv/en.

Tags: AmazonIsraeli businessretail

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