Friday, 26 April 2019
There is no stopping Amazon from taking over the world. The retail behemoth had a blockbuster first quarter in 2019 with revenues of $59.7 billion and $3.6 billion in net income, an all-time record and more than twice what it was making a year ago. In addition, the third most valuable tech giant said that it plans to invest $800 million to make one-day shipping the default option for Prime members, thereby cutting down priority shipping times in half. Amazon hasn’t detailed whether the improved shipping times are a result of optimized processes, or of increased workloads for warehouse staff. But numerous…
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