What do experts think about Amazon's future?

Page 1

What do experts think about Amazon's future?

Amazon.com, Inc. is an American multinational technology company based in Seattle that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big Four tech companies alongside Google, Apple, and Facebook. Founded in 1994 by Jeff Bezos, Amazon was originally a bookstore but has since expanded to offer a wide variety of consumer goods and services, including furniture, home-goods, electronics, apparel, food delivery, and streaming media. In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization. In 2017, Amazon acquired Whole Foods Market for $13.7 billion dollars, which boosted Amazon's reputation as a grocery store contender. In 2018, Amazon reported revenue of $232.9 billion dollars and became the second company after Apple to reach a trillion-dollar valuation.

What experts say about Amazon's future In recent years, Amazon has become one of the world's most powerful companies. But what does the future hold for this online giant? According to some experts, Amazon will continue to grow at an astonishing rate. "I think Amazon is going to be a $1 trillion company within the next five years,"


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
What do experts think about Amazon's future? by Matt John - Issuu