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> alternative of investing in logistics and warehouse automation, which saves the business a LOT of money That was my best educated guess. For long, Amazon inv
by vishnugupta 4y ago
> alternative of investing in logistics and warehouse automation, which saves the business a LOT of money
That was my best educated guess. For long, Amazon invested in payments believing it to be a differentiator and also to spin it off into its own business unit. The payments division at Amazon is huge. But after two decades of not going anywhere with payments business they seem to have thrown in the towel and focus instead on physical logistics side of e-commerce.