Reuters reports that Amazon is pouring $11 billion into bolstering cloud and logistics services in Germany.

Amazon has announced plans to invest $11 billion to expand its cloud and logistics operations in Germany. This move is seen as part of the company’s strategy to strengthen its presence in the European market and boost its cloud computing services. The investment will focus on building new data centers and warehouses in the country, which will create jobs and support the local economy. Amazon has been facing increasing competition in the cloud services industry, particularly from rival companies like Microsoft and Google. By expanding its operations in Germany, Amazon aims to stay ahead in this competitive market and provide better services to its customers. The company’s investment in logistics is also aimed at improving its delivery network in the country, as well as enhancing its overall operational efficiency. This move is expected to further solidify Amazon’s position as a leading provider of cloud services and e-commerce in Germany and Europe.

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https://www.reuters.com/technology/amazon-invests-11-billion-expand-cloud-logistics-germany-2024-06-19/