The sheer scale of the $1 billion deal is unprecedented for Amazon in terms of giving a rival such a large contract. So much so, that groups within Microsoft’s Office and security organizations ...
Amazon accounted for nearly 12% of UPS's total revenue in 2024, as well as 20-25% of its U.S. package volumes.
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
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