Race to One Trillion: Amazon’s Affairs in Washington

This is the second part of our analysis of Amazon’s rise to 1 trillion. Today, we look at the changing relations between Amazon and the US political circles.

When a company registers £178 billion revenue and employs 560,000 people, it does not go unseen in Washington’s, London’s or Brussels’ corridors of power. Amazon is no exception. The online retailer’s relation with politics is complex, being alternatively cooperative or detached, but is always functional to profit maximisation. Continue reading “Race to One Trillion: Amazon’s Affairs in Washington”

Race to One Trillion: Amazon’s invulnerable dominance

As the first part of an analytical series on Amazon and its rise to 1 trillion, this article considers the company’s success and uncontainable growth.

In September 2008 you could buy an Amazon share for $72. Now, you need $1’970.  At a whopping 39%, the average annual price increase has led Jeff Bezos’ creature to enter the exclusive 1-trillion market cap club. But Amazon’s exceptionalism is not limited to Wall Street. Of every dollar spent online, around 44 cents go through Amazon. With 100 million household members, “Amazon Prime” would be the 4th most populous country in the world. Continue reading “Race to One Trillion: Amazon’s invulnerable dominance”

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