- Amazon says it will hire 3,000 new employees in South Africa for a range of WFH positions.
- The U.S. retailer launches a rebranded version of Souq.com for online shopping in Saudi Arabia.
- CEO Jeff Bezos of the world's largest online retailer will testify before the U.S. Congress.
Amazon Inc. (NASDAQ: AMZN) said on Thursday that it plans on hiring 3,000 workers this year in South Africa to offer support to the retail giant’s customers in Europe and North America. Amazon also revealed on Thursday that it will be airing Premier League soccer matches on Twitch (live video streaming service) and Amazon Prime for free.
Shares of the company ended almost flat on Thursday. At £2,133 per share, the Seattle-headquartered company is a little under 40% up year to date in the stock market after recovering from a low of £1,350 per share in March. Learn more about how do people make money on the stock market.
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Amazon expands flex delivery program to over 25 cities in India
The newly hired team will offer 24-hour support to Amazon’s customers. The work from home positions, Amazon added, will range from associates to technical professionals to customer service.
Following the completion of the announced hiring, the world’s largest online retailer will have a workforce of 7,000 employees in South Africa. The trade, industry, and competition minister of South Africa, Ebrahim Patel, commented on the news on Thursday and said:
“This decision by Amazon to locate these jobs in South Africa shows our ability to offer a good value-proposition.”
The online retailer also revealed on Thursday that its flex delivery program is now available in over 35 cities in India. Amazon showed an interest in purchasing a £1.61 billion stake in Bharti Airtel in the first week of June.
Amazon launches a rebranded version of Souq.com in Saudi Arabia
In separate news, Amazon launched an online shopping platform on Wednesday for potential customers in Saudi Arabia. The move hinted at the retailer’s interest in the Saudi market despite an ongoing dispute of its CEO Jeff Bezos with Riyadh.
Amazon acquired Souq.com in 2017. On Wednesday, it unveiled a rebranded version of the Middle East e-commerce website in Saudi Arabia. Shopper’s account information, Amazon said, has already been transferred from Souq.com to the newly launched amazon.sa. The retail giant had rebranded Souq.com into amazon.ae (in United Arab Emirates) in 2019.
Earlier this week, the American multinational technology company said that CEO Bezos will be testifying before the U.S. House of Representatives. The United States Congress is currently investigating four major technology companies; Amazon, Google, Facebook, and Apple, for a potential breach of the U.S. antitrust law.
At the time of writing, Amazon is valued at £1.06 trillion and has a price to earnings ratio of 126.46.