AMAZON.COM, INC.

(AMZN)
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Delayed Nasdaq  -  04:00 2022-08-16 pm EDT
144.78 USD   +1.12%
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Sustainable deliveries: Amazon UK launches London e-cargo bike fleet

07/04/2022 | 01:21am EDT

AMAZON deliveries across London are set to become more sustainable, as the e-commerce titan today launched its first fleet of e-cargo bikes and walkers.

Stored in Amazon's Hackney hub, the new fleet will make more than one million deliveries a year across 10 per cent of London's Ultra Low

Emission Zone (ULEZ).

This will be in addition to the four million net zero deliveries carried across the capital by Amazon's electric vans. The move is part of the firm's pledge to be net zero by 2040.

"Our new e-cargo bikes, walkers and growing electric vehicle delivery fleet will help us make more zero emission customer deliveries than ever before across London and the UK in the coming months," said Amazon's UK manager John Boumphrey.

Amazon also announced it will roll out more than 30,000 solar panels across some of its facilities - including Manchester and Milton Keynes.

Transport minister Trudy Harrison said the move will boost jobs as well as protect the planet.

(c) 2022 City A.M., source Newspaper

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Financials (USD)
Sales 2022 522 B - -
Net income 2022 488 M - -
Net Debt 2022 25 148 M - -
P/E ratio 2022 2 949x
Yield 2022 -
Capitalization 1 475 B 1 475 B -
EV / Sales 2022 2,87x
EV / Sales 2023 2,43x
Nbr of Employees 1 608 000
Free-Float 85,8%
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Mean consensus BUY
Number of Analysts 52
Last Close Price 144,78 $
Average target price 173,71 $
Spread / Average Target 20,0%
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Managers and Directors
Andrew R. Jassy President, Chief Executive Officer & Director
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Jeffrey P. Bezos Executive Chairman
Patricia Q. Stonesifer Independent Director
Jonathan Jake Rubinstein Lead Independent Director
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