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It seems that Amazon grew its annual sales by around $50 billion from 2017 to 2018 for a growth rate of "only" 19% (compared with 24% the year before). I'm not
by jonas21 8y ago
It seems that Amazon grew its annual sales by around $50 billion from 2017 to 2018 for a growth rate of "only" 19% (compared with 24% the year before). I'm not exactly concerned for them.
> In 2018, Amazon’s nearly $300 billion in GMV was about a 19 percent jump from the prior year. That was notably slower than the rates of increase of 24 percent and 27 percent, respectively, in 2017 and 2016.
- hedmundson 8y agoSeriously, and they grew faster than the ecommerce category as a whole. Plus, double digit growth in the 100’s of billions of GMV is incredible in its own right.