January of 2019 marks an important turning point in the history of Amazon: Jeff Bezos’ venture has dethroned Microsoft and become the most valuable company in the world, with a market capitalization of US$797 billion.
Everyone is familiar with Amazon, that “huge, fast-moving machine”. But let’s stop to take a closer look at what has become a commonplace in the market.
In terms of strategic projects that deeply affect the business models of our clients, Amazon is unfortunately still too often not on the radar for many Quebec and Canadian companies.
And yet, it doesn’t matter whether you’re talking about B2B, B2C, manufacturers, distributors or retailers; whether it’s small , medium or large-sized businesses; if you’re local, national or international; or if your products are convenience or luxury items, or even food-related—Amazon is there!
So to start the year off, (re)discover the Amazon empire through these 10 key figures, along with some surprising, yet striking comparisons.