| 2 minutes read

2 minutes read

Paytm CEO Said Local Is New Global Business Plan After Amazon Launches Local Shops

| Published on April 25, 2020

Paytm CEO, Vijay Shekhar, reacted to the recent move by Amazon India. Amazon has launched Local Shops on Amazon in India, which will allow local sellers to sell online on Amazon is their area.


Under this program, local sellers will be able to sell items locally in the area and have to deliver the items themselves. People will be able to search the products from local shops in the city on Amazon.

Paytm CEO, Vijay Shekhar shared his vision in a tweet and said local is a new global business plan. He also said that O2O will be the future in India.

Many people hailed this move by Amazon while some were asking what O2O is. Well, O2O is an online-to-offline business model where a seller uses online means to drive sales of his or her brick-mortar store.

Here are some interesting reactions of people on Twitter:

Experts suggest this move by Amazon comes in wake of the Jio-Facebook deal, which is planning to allow millions of neighborhood stores in the country to sell online locally.

But anyway it seems like, going local is a new global business plan.

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