Amazon Stock Down 3.7% — Split It Into Amazon Services And Products
It’s time to break up Amazon.
Amazon started out in life as a website that partnered with the physical world. As I wrote in my book, Goliath Strikes Back, when such partnerships fell short of Amazon’s order fulfillment targets, Amazon built warehouses and a logistics fleet to deliver goods in two or fewer days.
Along the way, it also built services businesses — including Amazon Web Services, advertising, third-party seller services and Prime