Amazon Aims for 90% Control Over US Package Deliveries by 2029

Amazon.com Inc (NASDAQ: AMZN) has announced an ambitious plan to handle 90% of all U.S. package deliveries through its own logistics network by 2029.

This strategic move underscores Amazon's intent to deepen its control over delivery operations and reduce dependence on third-party providers.

Amazon's current Price-to-Sales (P/S) ratio stands at 3.57, slightly above its historical median of 3.44, signaling market expectations for continued growth despite the company's unprofitable and cash-flow-negative status.