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> Amazon's traditional online retail sales are close to growing at single digits now Amazon reported a 35% YOY growth in the US 3rd quarter, and 15% overseas g
by jhall1468 8y ago
> Amazon's traditional online retail sales are close to growing at single digits now
Amazon reported a 35% YOY growth in the US 3rd quarter, and 15% overseas growth and you call that "close to single digits"? What you didn't mention is Walmarts "crazy" 40%/43% growth in online sales puts it squarely in 4th with a whopping 3.7% of online sales, compared to Amazon sitting at, what 49%?
There's a lot of interesting things to discuss about Amazon's market dominance without misleading numbers used to imply Amazon's outlook is poor. Amazon currently holds almost 50% of the online retail market, while the next 9 companies share 20% and you're talking doom and gloom.