Amazon: we're not out to destroy Royal Mail

© Khunaspix Dreamstime.

Amazon UK has found itself on the back foot this week after Royal Mail’s share price continued to slump over fears that Amazon Logistics is aiming to eat into the privatised delivery firm’s market share. Last week, Royal Mail released its second-half report which included a line that its parcel business would see very low growth due to the lunch of Amazon’s in-house logistics arm. However, Amazon UK boss Christopher North responded: “Amazon Logistics is not about replacing a carrier, it is about complementing.”