Amazon plans mega-warehouse for Mexican growth spurt

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Amazon is banking on a re-worked Nafta agreement which could see Mexico raise the $50 limit on the value of online purchases that can be imported duty-free. But the firm has deep pockets and can afford a gamble, which is presumably why it is opening a 1m sq ft warehouse outside Mexico City. It will triple Amazon’s distribution space in the country, where last year it doubled its sales to $253m. Mexico is a slow-comer to the online marketplace, and less ...