Amazon under fire! Between Prime scandal, Fresh withdrawal from the UK, and a partnership with SAP in Europe!
Reading Time: 4 minutes
Amazon (i)(AMZN) remains a global giant, but the company is currently at a turning point. While the FTC is suing the corporation for allegedly misleading Prime practices, Amazon is withdrawing from the Fresh grocery business in the UK. At the same time, the tech giant is focusing on new growth areas with Whole Foods in Asia and a billion-dollar cloud partnership with SAP. Investors are rightly asking the following question: Is Amazon an innovator or a tightrope walker between expansion and regulation? Amazon – from online retailer to all-rounder...
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