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AMZN
CNBC
92 days

Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary

1. Stord acquires UPS's Ware2Go to enhance e-commerce logistics. 2. The deal aims to level the playing field against Amazon. 3. Ware2Go enhances Stord's competitive edge in rapid delivery. 4. Stord adds 2.5 million square feet to its logistics network. 5. Company secured $200 million in Series E funding recently.

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$203.2105/19 09:36 AM EDTEvent Start

$204.0705/20 04:15 PM EDTLatest Updated
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FAQ

Why Bearish?

Stord's acquisition may threaten AMZN's market share in logistics and e-commerce. Historical examples show competitors gaining ground through enhanced fulfillment capabilities.

How important is it?

The acquisition signifies potential challenges to Amazon's logistics, influencing competitive dynamics in e-commerce. The significance of disruptions in e-commerce logistics could impact pricing and market strategies.

Why Long Term?

As Stord continuously expands, this poses ongoing competition for Amazon's e-commerce dominance. Increased logistic capabilities for rivals can erode Amazon's market position over time.

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