Stories

How Amazon makes money may surprise you

According to market research firm Statista, Amazon reported better-than-expected results for Q1 2023, with net sales of $127 billion and a net profit of $3.2 billion, beating analyst expectations. The CEO, Andy Jassy, highlighted the company's robust advertising growth, improved cost efficiency, and record fast delivery speeds for Prime members. However,...

Continue reading
  238 Hits
Tags:

How Amazon Is Doing in China?

According to iresearch, in 2015, the top 25 Internet Companies in China by Revenue are below. Data Source: iresearchchina.com Some of the top 25 companies are e-commerce websites. In 2016, Alibaba’s business-to-consumer marketplace Tmall dominated the market with 56.6% share, JD.com accounted 24.7% share. Amazon had only 0.8% share. China’s B2C...

Continue reading
  2034 Hits