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- Amazon’s 48-hour Prime Day event started early Tuesday morning.
- Moody’s analyst Charlie O’Shea told Business Insider that Prime Day will serve as a litmus test to see if Amazon is able to keep up with its exponential growth.
- The sales event will trigger a surge in orders that will weigh on Amazon’s delivery network, with Moody’s estimating that the company’s fourth-quarter shipping expenses could reach nearly $20 billion.
- “They’re doing the best they can,” O’Shea said. “It’s almost like trying to plug a dam with your finger.”
- Visit Business Insider’s homepage for more stories.
Amazon just kicked off what Moody’s says will likely be the biggest — and most challenging — Prime Day of all time.
The e-commerce giant’s 48-hour Prime Day began early on Tuesday morning. The annual sales event