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Amazon’s big bet on 1-day delivery is costing more than expected and cutting into profits

Amazon’s insatiable desire to dominate all of retailing proved to be an opportunity for eBay — a chance for the platform to become a sort of Switzerland of e-commerce, helping retailers fend off a common foe. “eBay wants to partner with the market sellers of the world, not put them out of business,” says Devin Wenig, president of Marketplaces. Indeed, eBay doesn’t compete directly with its retail partners — it isn’t peddling books and shoes and diapers alongside them.

Amazon’s overall shipping costs have ballooned in recent years as the company aims to speed up delivery, both with products purchased on Amazon.com and via Prime Now, such as Whole Foods orders. During Q3, Amazon spent a whopping .6 billion globally on shipping, up 46 percent year-over-year. It’s a safe bet that shipping costs will eclipse billion this holiday quarter, adding to what could be more than billion spent on shipping over 2019.

Among the 35 venues, 13 were newly built, 17 were reconstructed using sites formerly operated by the city and local universities and five are temporary facilities to be dismantled after the event, according to Wang Shenshun, deputy secretary-general of the executive commission of the games.

Among Shi's concerns are issues like the parks being overcrowded often (which could result in noise and children quarreling) and safety at the facilities.