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- Amazon helps out small businesses in Singapore
Amazon helps out small businesses in Singapore
🌍️ 800 Singaporean business owners and businesses could benefit from Amazon’s move to help them globalize.
💸 How does it work? Amazon will implement a fee waiver for new sellers from Southeast Asian countries (excusing them from paying a fee). The Singapore Institute of Retail Studies will be helping Amazon do this.
📈 There’s huge rewards up for grabs. In 2022, Singapore’s B2C exports where $1.24 billion last year, and could double to $2.85 billion by 2027 if cross border ecommerce is improved.
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