Amazon launches in Australia todayAmazon opens its first bricks and mortar bookstore in New York, selling a limited range of its highest-rated books. Amazon has started taking orders and shipping products from its warehouse in Melbourne's east. GETTY The site for Amazon's first Australian distribution centre in Dandenong, Australia. READ MORE:* Doubts surface about whether Amazon will launch in Australia before Christmas* Amazon's arrival in Australia could give NZ firms a leg-upThe online retail giant is preparing to enter the Australian retail space by setting up a local 'fulfilment centre' to service Australian orders when Amazon launches its Australian retail offering. Amazon has a market capitalisation of US$560 billion - more than double that of Wesfarmers, Woolworths, Commonwealth Bank and Westpac combined.

Source: Stuff December 04, 2017 19:07 UTC