Amazon spent less money than expected on shortening its standard delivery time to one day last quarter — here's how it did it
This story requires our BI Prime membership. To read the full article,Amazon's CFO Brian Olsavsky said "efficiency" in its delivery infrastructure has helped the company save on shipping costs last quarter.
The increased efficiency could lead to further cost savings, and help Amazon spend less than initially expected in rolling out its one-day delivery program across its site.Amazon is becoming smarter with its delivery infrastructure — and that's helping the company save money in offering quicker delivery.that Amazon spent "slightly less" than the $1.5 billion it had earmarked for the holiday quarter in shortening its standard delivery time to a single day.
The comments show that Amazon's plan to roll out one-day delivery across the site could cost less than anticipated. Amazon said last year that it planned to spend roughly $3 billion in building out its one-day delivery program, and on Thursday, estimated another $1 billion investment for this quarter.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Amazon 4Q earnings preview: Analyst commentary leading up to report - Business InsiderThe report stands to reverse some of the negative sentiment sourced from Amazon's last release, which saw profits fall under analysts' expectations.
Consulte Mais informação »
Bezos Is $12.8 Billion Richer After Amazon Delivers Strong Holiday SalesAmazon’s founder and CEO has further cemented his position as the world’s richest person.
Consulte Mais informação »
Amazon Prime Surpasses 150 Million Members'More people joined Prime during the fourth quarter of 2019 'than ever before,' per CEO Jeff Bezos.
Consulte Mais informação »
Amazon holiday sales jump as one-day shipping quadruples, stock up 13%Amazon.com Inc on Thursday said its sales jumped during the holiday season and p...
Consulte Mais informação »
Amazon Revenue Jumps on Holiday Sales as Profit RisesAmazon’s fourth-quarter sales hit record numbers, and the company’s profits beat estimates, as shipping costs for its one-day Prime program began to stabilize.
Consulte Mais informação »
Drop everything: MacBook Pro laptops are more than 25 percent off on Amazon today!Ready to give your old laptop the boot? Save more than $300 on a fully loaded MacBook Pro from the Amazon Renewed program.
Consulte Mais informação »