Let’s face it. Amazon and Walmart are two companies that help us save a lot of money. When searching and price comparing on the internet, its most likely your end up buying at one of these retail leaders. Walmart invested 140 million pesos to open its first logistics center in the country in Mérida, Yucatán.
Amazon entered into the Mexican market in 2015 to compete with Walmart in e-commerce. Amazon had expanded its operations in Mexico with a new distribution center in Tepotzotlán, México state.
“The expansion of Amazon reflects our commitment to Mexico and our obsession with improving the buying experience of customers at all times,” said Diego Méndez de la Luz, Amazon’s director of operations in Mexico.
The current Amazon’s center in the country, began operations in May 2018 and employs over 1,500 people.
Amazon.com Inc said it invested $100 million in opening new warehouses in Mexico, including its first shipping centers outside the populous capital area, to offer faster deliveries. The facilities are 69,000 square meters (742,710 sq ft) combined and create 1,500 direct and indirect jobs, Amazon said.
Since 2000, Amazon has made its virtual shelf space available so small and medium SMBs can reach hundreds of millions of customers, build their brands, and grow their business. Amazon’s investments support logistics, tools, services, programs, and people to foster the growth of our SMB sellers. The result continues to pay off for sellers and customers. SMB products account for more than 50% of all units sold in our online stores, and their sales continue to outpace our first-party sales. Source Amazon Investor Relations/News.