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Monday, July 7, 2014

While Amazon Dreams Of Drones And Phones, Google Attacks With Trucks And Bucks

Amazon’s Jeff Bezos has been called “the ultimate disrupter” by Fortune and apparently likes to say, “Your margin is my opportunity.” But the man who built the e-commerce juggernaut over the past two decades by being a ruthless competitor and the destroyer of more than a handful of traditional retailers is in the early stages of being disrupted himself. And the scary part for Bezos is not that he’s facing not a phalanx of brick-and-mortar retailers, but that they’re being commanded by the craftiest of his rivals, Google. The search giant, Re/code says, is preparing to spend $500 million on growing Google Shopping Express to hit Amazon where it hurts: in the business of selling goods and delivering them to customers.

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