How Amazon's E-Commerce Dominance Enables Its Fledgling Logistics Business
Amazon (NASDAQ: AMZN) is starting to look more and more like a logistics company.
With planes, air hubs, and dozens of warehouses and fulfillment centers scattered about the United States, it's starting to become a real threat to other shipping and logistics providers.
"They're competing with a player that has almost zero cost of capital," NYU Stern professor Scott Galloway said earlier this month. Indeed, Amazon's retail business has enabled it to build out a fulfillment network because it has a massive customer built in: itself.
Source Fool.com
