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Amazon, the world’s largest e-tailer, grapples with the fallout from the Coronavirus


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Already dozens of companies have indicated that the virus will take a toll on them, with Apple cutting its sales expectations this week and airlines canceling flights to China.Retailers have said less about how the coronavirus will affect them.
At the time, companies imported more goods than usual from China to get ahead of expected tariffs.
Some moved manufacturing to Vietnam and other Asian countries.
Even products made in America can rely on Chinese suppliers, which may cause problems down the line.
Amazon simply facilitates those sales, giving it less visibility into supply.“Out of an abundance of caution, we are working with suppliers to secure additional inventory to ensure we maintain our selection for customers,” an Amazon spokeswoman said. | To read full story, visit https://startuparound.com/read/1582263006.2404966/Amazon,-the-world’s-largest-e-tailer,-grapples-with-the-fallout-from-the-Coronavirus?ref=audio_experience
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