Chris Bryant, Columnist

Germans Deliver a Lesson to Amazon

Deutsche Post is raking it in from e-commerce.

August 3, 2016 at 10:16 AM UTC

Chris Bryant is a Bloomberg Opinion columnist covering industrial companies in Europe. Previously, he was a reporter for the Financial Times.

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A two-thirds jump in quarterly net profit is always something to celebrate, but it carries a warning for Deutsche Post DHL too.

The postal giant's blow-out quarter owed much to a fast-growing business delivering packages on behalf of e-commerce companies. While it's always nice to do well, such stellar performance will reinforce Amazon's view that there's gold in Germany's parcel delivery market -- and that it might not want to send so much lucrative business Deutsche Post's way. Revenue at the German group's eCommerce-Parcel business jumped 14 percent year-on year.