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Nevilledog

(51,055 posts) Sun Sep 20, 2020, 02:04 PM Sep 2020

Internal postal memo shows $1.6 billion profit on $3.9 billion of Amazon revenue, 33% profit margin

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Internal postal memo shows $1.6 billion profit on $3.9 billion of Amazon revenue, 33% profit margin (Original Post) Nevilledog Sep 2020 OP

Except since the GOP forced this to be released, Amazon will squeeze USPS to lower prices lostnfound Sep 2020 #1

I doubt that Amazon forces the USPS to lower prices. Blue_true Sep 2020 #2

lostnfound

(16,169 posts)

1. Except since the GOP forced this to be released, Amazon will squeeze USPS to lower prices

Reply to Nevilledog (Original post)

Sun Sep 20, 2020, 03:53 PM

Sep 2020

Corrupt as hell maneuver.

All of that confidential information.handed right over to the already-profitable companies.

And 33% profit probably is net of direct costs, not burdened by the tremendous non recurring investments of the postal service.

Blue_true

(31,261 posts)

2. I doubt that Amazon forces the USPS to lower prices.

Reply to lostnfound (Reply #1)

Sun Sep 20, 2020, 04:10 PM

Sep 2020

As things are, both Amazon and the USPS are doing well on the deal. Amazon gets a little bigger cut of shipping revenue, and the USPS gets paid well for moving some packaged down a few streets to the buyer’s mailbox. Amazon depots packages that the USPS finishes delivery on to USPS post offices, making final delivery simple for the USPS. The whole thing is a rare example of win-win, that is why President Obama didn’t mess with it.

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