Business

Amazon Could Be the World’s Giant Shipping Company

Amazon Could Be the World’s Giant Shipping Company

Amazon (AMZN) kicked off the internet shopping increase in the ’90s when it began shipping books.

Nowadays, you’ll be able to click a button and get almost anything delivered to your door.

Amazon sold $164 billion value of stuff on its website this year.

If there were a disruptor stock hall of fame, Amazon could be first in line.

However, Amazon didn’t disrupt shopping alone. Items can’t ship themselves.

America’s two largest delivery companies like UPS (UPS) and FedEx (FDX) acquired all that “stuff” from sellers to buyers.

 It won’t surprise you to be taught the online shopping growth has been great for their businesses. Their revenues have nearly tripled since 2000, to a combined $140 billion.

About the author

David Handley

David is heading the science and technology blog. He has a knack of restoring his knowledge in every minute and hence he could be found in the library most of the time. Apart from doing his work he keeps a passion for reading and loves to seek out his contents manually. He has been working with us for 6 years. And we are proud to have a member like him in our team.