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The deal will result in Amazon retaining around 80% of.
Amazon and USPS have reached a new agreement on package deliveries.
KEY POINTS
- Amazon will retain about 80% of its existing USPS deliveries, over 1 billion packages annually.
- Amazon previously threatened to cut USPS deliveries by two thirds if USPS auctioned last-mile access.
- Amazon represents $6 billion in annual revenue for USPS, which has an $80 billion budget.
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