Amazon is spending billions on internet satellites, self-driving cars and more as revenue growth slows.
Amazon has been investing heavily over the past year in areas such as transportation and logistics.Amazon seems to be preparing for the future of its business as revenue growth is slowing.
Jeff Bezos announces Blue Moon, a lunar landing vehicle for the Moon, during a Blue Origin event in Washington, DC, May 9, 2019.has been gradually racking up investments to position itself for the future as its core business slows. Within the past year alone, Amazon has announced more than half a dozen major investments representing billions of dollars. The investments primarily focus on new delivery businesses and logistics, but also include other areas, such as its investment in a new headquarters. Amazon made clear its ambitions in the transportation and logistics space byThe spending spree comes as Amazon has been serving up big profits despite slowing revenue growth.
Now that Amazon is making money, it's putting those dollars back into new ventures. But its investment strategy stands out among its tech peers for both its scale and style. While
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