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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Amazon.com, Inc.    AMZN

AMAZON.COM, INC.

(AMZN)
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Delayed Quote. Delayed Nasdaq - 02/14 04:00:00 pm
2134.87 USD   -0.70%
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Amazon com : orders electric vans from Deutsche Post's StreetScooter

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01/16/2020 | 08:37am EST
The logo of Amazon is seen at the company logistics centre in Boves

Amazon.com has ordered 40 electric vans from Deutsche Post's StreetScooter unit for deliveries in the German city of Munich as part of the plan to be carbon neutral by 2040, the online retailer said on Wednesday.

StreetScooter has also installed 60 charging stations at Amazon's distribution centre outside Munich, Deutsche Post said in a statement.

In recent years, Amazon has been building up its own delivery business in Germany, its second biggest market, in a challenge to major logistics firms like Deutsche Post DHL.

Deutsche Post DHL fully acquired StreetScooter in 2014 and uses about 10,000 of the 12,000 vehicles it has put on the road. The unprofitable subsidiary is seeking new investors and customers to further ramp up production.

DHL will debut StreetScooter's zero-emission Work L delivery van in two urban U.S. markets, starting in spring 2020, the companies said in November.

Adam Elman, sustainability head for Amazon Europe, said Amazon has already ordered a further 200 electric vehicles from other suppliers which it would start using in Germany this year.

Daimler's Mercedes-Benz said it had delivered 10 of its eVito electric transporters to Amazon on Wednesday.

Amazon last year announced it was ordering 100,000 electric vans from startup Rivian Automotive LLC before it has even begun commercial production, with deliveries starting in 2021.

(Reporting by Emma Thomasson; Editing by Michelle Martin)

Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. -0.70% 2134.87 Delayed Quote.15.53%
DEUTSCHE POST AG -0.60% 33.055 Delayed Quote.-2.22%
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Financials (USD)
Sales 2020 334 B
EBIT 2020 18 388 M
Net income 2020 14 206 M
Finance 2020 54 842 M
Yield 2020 -
P/E ratio 2020 75,2x
P/E ratio 2021 53,6x
EV / Sales2020 3,01x
EV / Sales2021 2,51x
Capitalization 1 063 B
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Technical analysis trends AMAZON.COM, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 52
Average target price 2 405,65  $
Last Close Price 2 134,87  $
Spread / Highest target 26,5%
Spread / Average Target 12,7%
Spread / Lowest Target -13,3%
EPS Revisions
Managers
NameTitle
Jeffrey P. Bezos Chairman, President & Chief Executive Officer
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Patricia Q. Stonesifer Independent Director
Thomas O. Ryder Independent Director
Jonathan Jake Rubinstein Lead Independent Director
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