Analysts Worry Amazon Take on UPS
Friday, January 29th, 2016
Jan 29 In the wake of Amazon.com Inc's disappointing financial results that sent shares plunging Thursday, analysts blamed rising costs to deliver goods, which increased to $4.5 billion in the quarter, up 24.4 percent from the same quarter last year.
And they sharply questioned the company's plans to continue to make heavy investments in logistics, even at the expense of profits.
