Reported about 15 hours ago
Amazon is heavily investing in its delivery network, announcing a $1.9 billion investment in its Delivery Service Partner program as part of over $4 billion in new funding aimed at expanding its U.S. rural delivery capabilities. This move comes as the company reported $180.2 billion in revenue for the third quarter, reflecting a 13% increase year-over-year. CEO Andy Jassy highlighted an impressive expansion of fast delivery services to rural communities, with plans to hire 250,000 seasonal workers for the holiday period, despite ongoing layoffs within its corporate workforce.
Source: YAHOO