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>Grow their business? Who isn't shopping online with Amazon already? The vast majority of retail purchases are not conducted through Amazon. Just look at Walma
by peripitea 14y ago
>Grow their business? Who isn't shopping online with Amazon already?
The vast majority of retail purchases are not conducted through Amazon. Just look at Walmart's revenue compared to Amazon's. There is plenty of room to grow.
- Tloewald 14y agoYou're right that we could all buy everything online in theory, but this seems implausible and inefficient. Amazon is alreaspdy selling stuff online (e.g. Cat litter and toilet paper) that do not make economic sense. In any event, Amazon's share price has priced in something like a one hundred fold growth in profit (for those odd quarters where it actually makes a profit).