Amazon to tap Brazil beauty obsession with cosmetics partners


  • TECH
  • Monday, 18 Jun 2018

FILE PHOTO: Beauty products are displayed at the main entrance of Natura's cosmetic products factory in Cajamar, Sao Paulo, Brazil September 1, 2009. REUTERS/Paulo Whitaker/File photo

SAO PAULO: Amazon.com Inc is recruiting major Brazilian cosmetics firms Grupo Boticario and Natura Cosmeticos SA to sell via the logistics platform it is developing in Brazil, three people familiar with talks told Reuters, making an early play for the world's fourth-largest beauty market.

Amazon is keen to get a piece of Brazil's roughly US$30bil (RM119.91bil) in spending on make-up, hair treatments and other personal care products – behind just the United States, China and Japan.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

How the EU transformed tech
Nigeria sets dangerous precedent by detaining Binance execs, CEO says
Online retailer Zalando returns to growth thanks to premium brands
Amazon launches online shopping service in South Africa
Nintendo to announce next Switch by March as original sputters
Details of UK military personnel exposed in huge payroll data breach
Scammers stole homeowners’ identities and sold their houses ‘out from under them’, US feds say
Exclusive - Microsoft hit with Spanish startups' complaint about cloud practices
Is China the target of new US global cyberspace and digital technology strategy?
International Baccalaureate taking ‘appropriate and timely measures’ to remove online posts containing leaked exam questions after outrage

Others Also Read