Amazon claims record-breaking launch in Australia
But local retailers who expect to be hurt by Amazon saw their shares close higher on Tuesday
Sydney
AMAZON'S Australia launch was the company's biggest opening day for orders, the US giant said on Wednesday, but some shoppers were underwhelmed by the range of goods and prices on offer.
The country's retailers have been scrambling to lift their online presence and cut costs amid expectations that Amazon, one of the world's most valuable companies, would shake up the market and eat into their profits.
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