Last week, in its first quarter earnings call, Amazon revealed that its capital expenditures, increased a whopping 80% YoY! This is mainly to improve its logistics capability as it aims to have complete control over its logistics operations and rely less on third parties. All told, the company increased capacity of its in-house logistics operations, by 50% YoY.
Shreesha writes about Business, Finance and Tech for The Snippets Journal. He is also the Founder and Head of Content Development.Articles: 192