As Shopify Drops Its Logistics Business, Amazon Could Be Poised to Strike
shocked Wall Street recently when it announced that it was selling most of its logistics business, roughly a year after acquiring Deliverr for $2.1 billion in an attempt to build a logistics business.
Investors cheered the decision, but perhaps nobody is happier about the news than arch-rival Amazon (NASDAQ: AMZN). Shopify's abrupt exit likely cements Amazon's place as the dominant e-commerce platform in the market.
With shares more than 43% down from their high, now might be a great time to revisit this e-commerce powerhouse. Here is why Amazon's stock is a buy today.
Source Fool.com
Shopify Inc Aktie
67,60 €
-0,31 %
Derzeit ist die Community gegenüber der Shopify Inc Aktie mit 5 Buy-Einschätzungen und 1 Sell-Einschätzungen positiv gestimmt.
Ein positives, aber moderates Potenzial für Shopify Inc mit einem Kursziel von 75 € im Vergleich zu 67.6 €.
