Amazon invests $11B in cloud and logistics in Germany

  • As growing demand of cloud services and retail goods in Europe’s largest economy, Amazon is to invest 10 billion euros ($10.75 billion).
  • This investment will boost Germany’s economy and investment attractiveness.

Amazon, which has invested extensively around the world, has recently set its sights on Germany. Amazon will expand its logistics network this year, creating 4,000 new jobs at three distribution centers in Germany. This is supposed to give Amazon more than 40,000 permanent employees in Germany, spread across more than 100 cities in the country.
–Zora Lin, BTW reporter

What happened

Amazon, the US technology and retail company, will invest $10.75 billion to meet growing demand for its cloud services and retail goods in Europe’s largest economy, reported on June 19.

Because it sees a growing trend in artificial intelligence-driven technology in Europe, $9.45 billion of this investment will be used to expand the cloud infrastructure of its computing division, Amazon Web Services (AWS), by 2026. AWS is considering multi-billion investments in the expansion of its data centres in Italy.

Also read: Decoding the value proposition of Amazon Web Services

Also read: Amazon Web Services: What you need to know

Why it’s important

The German government is grappling with an economic downturn triggered by high energy costs and interest rates, as well as a lack of investment partly caused by red tape. Chancellor Olaf Scholz hails the investment, which will create more jobs, as making Germany more attractive to investors.

After the announcement, Amazon’s total planned investment in Germany will reach $19.12 billion. Rocco Bruniger, country manager for Amazon Germany, says that having been in Germany for more than 20 years, the Amazon team has worked hand in hand with cutting-edge technology companies to serve small businesses and customers, and AWS has made a positive impact in Germany by enabling organizations of all sizes to use the cloud to grow their business and innovate. It also creates a wide range of investment and employment opportunities.


Zora Lin

Zora Lin is an intern news reporter at Blue Tech Wave specialising in Products and AI. She graduated from Chang’an University. Send tips to

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *