3 ms·
Amazon revenue was already $1.6B in 1999. Clearly out of startup phase by then. So it depends on your measure. eCommerce is still a relatively small percentage
by davidwihl 10y ago
Amazon revenue was already $1.6B in 1999. Clearly out of startup phase by then.
So it depends on your measure. eCommerce is still a relatively small percentage of GDP, 5.4% of US according to https://www.statista.com/statistics/250703/forecast-of-internet-economy-as-percentage-of-gdp-in-g-20-countries/ https://www.statista.com/statistics/250703/forecast-of-inter...
- tyingq 10y agoeCommerce as a percentage of all retail sales is a decent measure. 1999: 0.2% 2015: 8.4% 42x https://fred.stlouisfed.org/series/ECOMPCTSA https://fred.stlouisfed.org/series/ECOMPCTSA