They used to be criticised by some Wall St types that their cash flow is blah. But to grow your business and not get overtaken by the next competitor you have to invest in yourself (wisely).
The way they run infrastructure allows them to parachute into a new region and begin operations after several months (Australia/Southeast Asia). Saw it with my own eyes. The choice of products via Prime Now in the UK and overseas is amazing.
Now they are entering India and taking on Flipkart (Walmart):
Observation: of the three cloud giants - Amazon AWS, Microsoft Azure and Google Cloud - AWS has been the least generous to me in terms of giving away free credits via different channels
In season one, The Rise of Amazon, Recodeâs senior commerce correspondent Jason Del Rey traces how Jeff Bezos transformed Amazon from an online bookseller to one of the largest companies in the world, and what that means for how we shop, work, and live.
Amazon is the third largest adtech company by revenue
âŠafter GOOG and FBâŠ
Amazonâs ad unit, which makes money by charging brands to promote their products across Amazon properties in a variety of ways, topped $10 billion in annual revenue last year, and eMarketer predicts that, in 2020, it will account for 10% of U.S. digital ad spending.
The return to a heavy investment cycle is cutting into Amazonâs profitability. Its net income dropped to $2.1 billion, down 26% from the year-ago periodâs $2.9 billion. For the fourth quarter, Amazon is forecasting operating income to fall between $1.2 billion and $2.9 billion, also below the $4.2 billion street estimate.
Theyâre health care play is what convinced me to buy, itâs my biggest single holding which I donât like but I couldnât ignore them swinging for a slice of a $600bn market.
A bit sensationalist, I wouldnât say theyâre at war with with everyone, this is just the markets they operate in and the largest competitors.
From my knowledge, their key areas are online commerce, could computing (not just cloud storage), and video streaming. After buying Whole Foods theyâre now in groceries as well and also looking at getting into healthcare. I would say these are the areas where theyâre âat warâ, where they can disrupt and dominate (maybe not groceries). I donât think movie reviews and audiobook companies are as concerned, itâs much more likely that many platforms can co-exist in these areas.
Actual list is a lot bigger. And I donât own a single one haha. Get avoiding lads
Have them in ETFâs obviously but no direct holdings. I noticed thereâs a tonne of oil companies
The Wall Street Journal reports that a message sent by Amazon to merchants on Sunday said the ban will last âuntil the delivery performance of these ship methods improves.â The e-commerce platform will still allow FedEx Ground for non-Prime shipments and FedEx Express, a faster but pricier option, for Prime.
Everything seems to have to be extreme nowadays: AT WAR