Thursday, January 11, 2018

Amazon, if there was ever a need for anti-trust enforcement, this is it

Inside Amazon’s Quest for U.S. and Global Domination

Amazon has invested aggressively to expand overseas but the results have been a mixed bag

Karan Deep Singh

Amazon.com Inc. AMZN 0.13% wants to be the everything store but it is struggling to become the everywhere store. It wants to dominate industries ranging from e-commerce and connected home devices to video streaming, challenging titans like Apple Inc. and Alphabet Inc.’sGoogle.

Founder Jeff Bezos’s message to Amazon executives has been clear: Do whatever it takes and don’t worry about the cost. The Seattle-based giant has invested billions of dollars to woo consumers in India, China and other countries in Asia and Europe.

But will its aggressive investments succeed? In this video, we use an Amazon delivery box to explain the company’s global might and what it means for other businesses.

2 comments:

Anonymous1/12/2018
They are doing lots of damage to traditional businesses.
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Anonymous1/12/2018
At some point all of us will realize the collateral damage we've done to retailers in the areas we live in for the sake of being able to go online to order stuff we used to buy in person.
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