RE:I don’t like the looks of this more competition on the wayAll good news for PKG. It means Amazon's idea to get 20,000 delivery vehicles on the road in the USA has (after a year) been a complete flop. They can't find people who have the business skills, risk tolerance, people management skills, time management ability and capital to take the plunge.
The whole idea looked ok on paper, but in the real world where people can get a good paying job with benefits elsewhere at an employer that takes all those business risks & responsibilities, the Amazon proposition pales in comparison.
Amazon might as well be selling the Amway business model from the 1980's offering "potential income" to compensate for risk and time. Leave 2019 delivery to the pros at PKG.
If Amazon's project is still a flop after another 12 months, they will pull the plug and either buy out or partner with PKG.
As for the startup liquor / retail delivery competitor in Edmonton, Calgary and Vancouver, they're starting a race they can't possibly win. PKG is already light years ahead with sophisticated proven apps on iOS / Android / web platforms, large contracts with big players, a much wider business customer base, board connections to the Ontario gov't, delivery of ALL products, experienced management, and an operationally profitable business model fom a public company. Good luck competing with that.
Maybe PKG can simply buy them out for a song after they're exhausted spinning their wheels. Or wait till they go bust and hire their employees.