Skip to main content

Amazon

All about Amazon
It sells more than 500 million products
Amazon not just an e-commerce company, its everywhere.

1994 
  • Founded by Jeff Bezos

1995 
  • Sold first book out of his garage.

1998
  • Entered into entertainment business.
  • Purchased 'IMDB.com'- a movie database.
  • Now the company creates original content, including Oscar winning films under  ‘Amazon Studios’.
  • By 2020, Amazon expected to spend $8 Billion on original content.

2005
  • Launched Amazon Prime, offering free 2-day shipping for a yearly fee.
  • By 2017, 5 Billion prime packages shipped globally.

2006 
  • Launched Amazon Web Services (AWS).
  • It is the top provider of cloud computing.
  • Today, Netflix is powered by Amazon.
  • Lyft, Airbnb, Slack are other AWS customers.

2007
  • Released ‘Kindle’ e-book reader.

 2008 

  • Acquired ‘Audible’, an audio-book company.
  • Today, Amazon controls over 80% of the e-book market.
2009 
  • Acquired Zappos, a shoe retailer for $1.2 Billion.
2011 
  • Purchased ‘Diapers.com’ for $45 Million, shut it down 6 years later.
2014 
  • Purchased ‘Twitch’, a gaming company.
  • Purchased ‘ComiXology’, a digital comic book site.
2017 
  • Bought ‘Whole Foods’ for $13.7 Billion to enter into Food industry.
  • You can buy ‘Kindle’, ‘Echo’, and ‘Fire TV’ in Whole Foods store.
  • Opened its first autonomous grocery store in Seattle, called ‘Amazon Go’.

-       Today, the company makes its own products including, Cables, Food, Batteries, Suits.

Top electronics sold on the site are made by Amazon.

More 'Echo's have sold than any other Home Voice Assistant.

Users can buy products and play music by asking ‘Alexa’.

Amazon also expanded into Brick-and-Mortar book stores.

Company investing in its own ships and planes.
  • -    Building a $1.5 Billion air-freight hub in Kentucky.
  • -    Rents out warehouses space to other sellers.
  • -    Own the ‘Kiva’ robotic workers in its warehouses.
  • -    After purchasing ‘Kiva’, Amazon stopped selling them to competitors                   Walgreens, Staples, and The Gap.

Eyeing in Healthcare, selling commercial dental equipment.

Planning to have a 2nd Headquarters spending $5 Billion in 2019.

Comments

Post a Comment

Popular posts from this blog

RBI at rescue again

In short,  RBI’s first was March 27 th - cut interest rates by 75 bps and other relief was Moratorium. RBI’s second booster dose- cuts Reverse Repo rate by 25 bps to 3.75%. What is Reverse Repo rate? – Rate at which the RBI borrows money from banks. Expensive for banks not to lend. Positive move for corporates and borrowers To conduct TLTRO 2.0 for an aggregate amount of Rs. 50, 000 Crore to begin with. Liquidity booster for NBFCs and HFCs – At least 50% of amount must go to mid and small sized NBFCs and MFIs. Standard loans as of March 1, need not be classified as NPA till May 31. Banks required to maintain additional provisioning of 10% on standstill accounts. No monetization of deficit. No direct lending to NBFCs. No Repo against corporate bonds.   Now the jargon behind this move, the reverse repo rate is the rate at which banks when they have nothing to do with the money, give it to RBI and RBI gives them just 3.75%. Now unt...
Post a Comment
Read more

Banking Sector Earnings Outlook

Welcome to our weekly newsletter, where we bring you the latest insights and trends from the world of finance. This week, our focus is on the upcoming quarterly earnings season, with particular emphasis on the banking sector. It appears that listed firms are poised to deliver another impressive set of numbers, although the pace of growth may vary across sectors. Amidst the noise and excitement, we have identified two key data points that can provide valuable insights for investors. Data Point 1:   Loan Interest Rates The share of loans with interest rates of 9 percent and above has risen to 56.1 percent as of January-March FY23, up from 39 percent in the previous quarter (FY22 Q4). This data point highlights the scope for bank earnings this season. Banks generate revenue by charging interest on loans they provide and paying interest on deposits they receive. The difference between the two is their earnings. While the potential for further lending rate increases is limited, as muc...
Post a Comment
Read more

Immaculate Disinflation and Its Challenges in India and Globally

  Dear Readers, The term "immaculate disinflation" has gained significant attention lately, especially as global inflation rates start to come down. Economist Paul Krugman coined the term, which refers to disinflation without an increase in unemployment. However, disinflation has not been entirely painless for everyone, as some beleaguered regional banks in the US face a slow run on their deposits. In India, retail inflation for April was 4.7%, the lowest since October 2021, due mainly to the base effect. However, month-on-month retail inflation increased from 0.23% in March to 0.51% in April, indicating that price pressures continue, despite the year-on-year optics. Similarly, the CMIE Core index, which excludes food, fuel, light, and fuel for vehicles, fell from 6.2% in March to 5.9% in April, but went up month-on-month from 0.27% to 0.58%, indicating that companies still have pricing power. The Index of Industrial Production (IIP) numbers indicate that disinflation h...
Post a Comment
Read more