Amazon will spend nearly $1.5B in Q4 for one-day delivery initiative as shipping costs skyrocket – GeekWire

(GeekWire Photo / Kevin Lisota) Amazon is spending massively to increase capacity for its new one-day delivery initiative — and it’s cutting into the company’s profits. The company revealed Thursday that it will invest nearly $1.5 billion in the fourth quarter alone for its one-day shipping initiative, which is replacing the traditional 2-day core Amazon …

Amazon will spend nearly $1.5B in Q4 for one-day delivery initiative as shipping costs skyrocket – GeekWire Read More »