“Before becoming positive on the sector, I would like to see them making efforts to improve productivity, adopt technologies like softwares to optimise logistics networks, cut labour costs and have a sustainable dividend policy, it's a very competitive market, growth prospects are limited and the barrier to entry is not very high. The danger for the market is that Amazon might replicate its experiment across Europe and other online companies such as eBay also launch their own delivery services to cut costs.
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- Reuters 9 years ago
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