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Bitcoinist
2019-03-08 21:00:36

Amazon Shares Drop 2.6 Percent As Centralization Alienates Suppliers

Amazon suppliers received a lesson in centralization on March 7 after the e-commerce giant abruptly began canceling huge numbers of orders in a profits push. Amazon: We ‘Saw Opportunity’ As Bloomberg reported, quoting a statement from Amazon, the company wants to increase returns at the heart of its e-commerce operations. This has involved fundamentally altering the supply line, forcing even long-time sellers to sell products directly on its marketplace instead of using Amazon as aRead MoreThe post Amazon Shares Drop 2.6 Percent As Centralization Alienates Suppliers appeared first on Bitcoinist.com.