LONDON: The world’s biggest container shipping line is trying to stop customers like Amazon.com Inc and Alibaba Group Holding Ltd from becoming competitors in just a few years’ time.
“Amazon is a threat if we don’t do a good job for them,” Soren Skou, the chief executive officer of AP Moller Maersk A/S, said in a phone interview. “If we don’t do our job well, then there’s no doubt that big, strong companies like Amazon will look into whether they can do better themselves.”
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!