Amazon Building Global Delivery Business to Take On Alibaba
- New unit would connect Chinese factories with U.S. shoppers
- Strategy will turn FedEx and UPS into Amazon competitors
How Amazon Plans to Take On Alibaba in Global Delivery
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In recent weeks, speculation has mounted that Amazon.com Inc. plans to launch a global shipping and logistics operation that will compete with United Parcel Service Inc. and FedEx Corp.
Asked about reports that the company was leasing planes and had registered an ocean freight booking business, Chief Financial Officer Brian Olsavsky downplayed Amazon’s ambitions last month in an earnings call. He said the company was simply looking to supplement its delivery partners -- not replace them -- during peak periods like the Christmas shopping season