Amazon.com Inc.’s move into supply chain logistics is the third plank in its domination of e-commerce, says an analysis published by Fortune, as reported by Bloomberg yesterday.
The logistics plank could be worth $100 billion in revenue annually, according to Truist Securities analyst Youssef Squali.
Amazon’s two major planks have recently been e-retailing and cloud services (Amazon Web Services, which it abbreviates as AWS). Amazon’s revenue this year is forecast to be US$570 billion. Its logistics foray will include ocean freight, customs, ground transport, and inventory storage for off-Amazon third party companies, Fortune said.
