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UPS' E-Commerce Investment Hits Profit
CFO Magazine United Parcel Service's first-quarter revenue beat estimates but the costs of adding facilities and services to accommodate e-commerce delivery weighed down operating profit. The company reported Thursday that revenue rose 6.2% to $15.32 billion while ... UPS Is Hampered by E-Commerce Conundrum as U.S. Profit Drops UPS hampered by e-commerce conundrum as US profit squeezed UPS Revenue Growth Outpaced by Rising Costs |
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