Amazon’s Buy with Prime is a step forward, but the stock is still expensive

0 13

Workers load packages into Amazon Rivian Electric trucks at an Amazon facility in Poway, California, November 16, 2022.

Sandy Huffaker | Reuters

Amazon‘s (AMZN) soon to be widely available Shop with Prime service, which allows Prime members to use their Amazon accounts to shop with other online merchants, will be a profitable revenue channel to the e-commerce giant. However, the Club’s stock is still expensive, a high multiple compared to the general stock market.

Leave A Reply

Your email address will not be published.