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<blockquote data-quote="Jones" data-source="post: 4764903" data-attributes="member: 4805"><p><em>Chief Executive Carol Tomé said, "So let's just address the elephant in the room, which is our largest customer." Out of 19 million customers, Tomé said Amazon.com Inc. <a href="https://www.marketwatch.com/investing/stock/AMZN?mod=MW_story_quote" target="_blank">AMZN, 2.21%</a> was the largest, with the ecommerce giant's share of total revenue rising to 13.3% in 2020 from 11.6% in 2019. With UPS reported total 2020 revenue of $84.63 billion, that indicates Amazon accounted for $11.26 billion in 2020 revenue, up from $8.59 billion a year ago.</em></p><p></p><p>[URL unfurl="true"]https://www.marketwatch.com/story/ups-addresses-elephant-in-the-room-as-amazon-accounted-for-more-than-11-billion-in-2020-revenue-2021-02-02?mod=home-page[/URL]</p></blockquote><p></p>
[QUOTE="Jones, post: 4764903, member: 4805"] [I]Chief Executive Carol Tomé said, "So let's just address the elephant in the room, which is our largest customer." Out of 19 million customers, Tomé said Amazon.com Inc. [URL='https://www.marketwatch.com/investing/stock/AMZN?mod=MW_story_quote']AMZN, 2.21%[/URL] was the largest, with the ecommerce giant's share of total revenue rising to 13.3% in 2020 from 11.6% in 2019. With UPS reported total 2020 revenue of $84.63 billion, that indicates Amazon accounted for $11.26 billion in 2020 revenue, up from $8.59 billion a year ago.[/I] [URL unfurl="true"]https://www.marketwatch.com/story/ups-addresses-elephant-in-the-room-as-amazon-accounted-for-more-than-11-billion-in-2020-revenue-2021-02-02?mod=home-page[/URL] [/QUOTE]
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