e-commerce giant Amazon

-Amazon For A More Profitable Purchase!

  e-commerce giant Amazon-Amazon For A More Profitable Purchase! e-commerce giant Amazon was one of the first companies to move in the e-commerce industry, and this advantage led it to an incredible success. Many investors who want to buy a profitable share turn to e-commerce giant Amazon. Last year, with the outbreak of the epidemic, an extraordinary period of working remotely and social distancing started. However, consumers turned to digital channels for shopping and entertainment. This situation; It was a strong wind for Amazon AMZN (NasdaqGS) $3,309.05 -77.44(-2.29%), whose shares have increased 120 % over the past three years. So, does Amazon really remain a stock that investors can make a profit from?

e-commerce giant Amazon was one of the first companies to move in the e-commerce industry, and this advantage led it to an incredible success.

Amazon

Amazon was one of the first companies to move in the e-commerce industry, and this advantage led it to an incredible success. Today, Amazon is the largest online marketplace in the US in terms of both order acceptance and logistics. The company expanded its fulfillment area by 50 % in 2020 and currently handles more than 50 % of its shipments. Like the online marketplace, Amazon's cloud computing business "Amazon Web Services (AWS)" was the first to move in its field. Today, AWS is still the industry leader as it offers a broader portfolio of services than its competitors. This value proposition helped the company gain new clients such as JP Morgan Chase and Twitter last year, resulting in a 30 % revenue increase. In addition, the company's digital advertising revenue has skyrocketed, according to eMarketer. As a whole, Amazon's businesses saw strong growth in both top and bottom lines. In the coming years, Amazon; It seems that e-commerce will continue to take advantage of the increasing popularity of cloud computing and digital advertising.  

Source: The MotleyFool

 

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