
Amazon.com, the world\'s largest online retailer, will set up a major distribution center in the southwestern city of Nanning, local authorities said Tuesday. The Seattle-based company Monday signed a deal with the Economic and Technological Development Zone in Nanning to build its distribution center in the city, capital of Guangxi Zhuang autonomous region, said a statement released by the zone\'s management office. The center, with an investment of 600 million yuan (95 million U.S. dollars), will generate an annual output worth at least 200 million yuan after it starts operation, said the statement, without elaborating on the timetable. The center will cover an area of 332 mu (about 22 hectares), on which a 50,000-square-meter E-commerce center will be built, in the Beibu Gulf Technopark, said the statement. Once operational, the facility is expected to provide over 1,000 jobs, it said. Amazon said Nanning had a favorable investment environment, as the city is the capital of Guangxi which borders Vietnam and is China\'s gateway to doing business with the ASEAN, said Zhou Honglin, employee of Amazon\'s operation center in Xiamen, a major city on the country\'s southeastern coast.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor