Amazon: 2023 letter to shareholders
Published today, 11 April, the full letter can be downloaded here.
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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Alex Lennane
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mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
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