Despite Amazon’s dismissal of the speculation that the company plans to open its own global shipping operation and compete with UPS and Fedex, Bloomberg says it has seen documents that show the Web retailer plans to do exactly that. Bloomberg says Amazon has a plan, which it calls “Dragon Boat,” that entails expanding the global reach of Fulfillment By Amazon, the unit that oversees storage, packing and shipping for third-party merchants who sell products through Amazon’s site. Dragon Boat will also place Amazon in a position to take on Alibaba, the Chinese e-commerce powerhouse. The companies are increasingly competing against one another… Read More
GeekWire
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