“We are erring on the side of having too much capacity”: Amazon reports massive Q3

How much capacity is too much? For Amazon, the limit doesn’t exist. At least not yet. The e-commerce giant — which has been adding warehouses at a dizzying clip across the nation — is on track to expand its fulfillment and transportation capacity by 50 percent, it said. The company has already spent $4.7 billion on property and equipment. The Jeff Bezos-led behemoth reported another massive quarter on Thursday. Third quarter net income grew to

source https://therealdeal.com/2020/10/29/we-are-erring-on-the-side-of-having-too-much-capacity-amazon-reports-massive-q3/