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.
The Snippets Journal
Insightful Snippets From The World of Business, Finance and Tech.
The Snippets Journal
Insightful Snippets From The World of Business, Finance and Tech.