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Amazon Analyst Says This 'Strategic Asset' Could Bring $15B In Revenue [Yahoo! Finance News]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
E-commerce giantAmazon.com, Inc.AMZNdelivery capabilitiesThe Amazon AnalystJustin PostThe Amazon ThesisAmazon's multibillion-dollar investment helped it deliver 2.3 billion of its own packages in 2019, which would make it the fourth-largest delivery company in the U.S., Post said in a Monday note. See his track record here.)Across the world, Amazon delivered 3.5 billion packages, or half of its own orders, the analyst said. This figure should rise as Amazon continues to reduce its reliance on outside delivery platforms, he said.Amazon can leverage its "strategic asset" to eventually offer a delivery service to even non-Amazon sellers, Post said. This creates a new opportunity for Amazon where it can capture a 15% market share of the 19.5 billion packages that are expected to be shipped in 2025, the analyst said.Amazon could see an incremental $15 billion in services revenue in five years, and this could represent a market value of $75 billion to $171 billion in the U.S., he said.On th Show less Read more
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