© Wawritto

Amazon’s respective fortunes in shipping and logistics and web services (AWS) are intimately tied. For obvious reasons, given our focus here at The Loadstar, I’ll concentrate on the former at a time when AWS in on a roll.

In the trailing 12 months ended 31 December, Amazon’s shipping cost base – at 86% of total fulfilment costs (TFC), they rose significantly as a percentage of TFC year-on-year – was $5bn higher than shipping revenues, with 10-year trends shown in the chart ...

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