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Amazon helps out small businesses in Singapore

šŸŒļø 800 Singaporean business owners and businesses could benefit from Amazonā€™s move to help them globalize.

šŸ’ø 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.

šŸ“ˆ Thereā€™s huge rewards up for grabs. In 2022, Singaporeā€™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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