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Chances are, whether directly or indirectly, you've engaged with Amazon.com at some point.
Let's delve into what this colossal platform is all about.
Take a look below or see a short video here: https://youtube.com/shorts/Cq1nDij8guY
What is Amazon
Originating as a humble online bookstore from Jeff Bezos's garage in the mid-1990s, Amazon has since burgeoned into the quintessential global internet retailer.
The COVID-19 pandemic ushered in a golden era for Amazon, as worldwide lockdowns propelled a surge in online activity, further cementing its dominance.
Today, Amazon.com stands as a titan in the realm of e-commerce, boasting a sprawling operational footprint spanning the globe. At the heart of its online retail empire lies the Prime program, fortified by an extensive distribution network. Additionally, the strategic acquisition of Whole Foods Market has solidified Amazon's presence in the realm of physical supermarkets. Online stores make 38% of Amazon revenues.
E-commerce and Cloud Computing
Beyond e-commerce, Amazon holds sway over the cloud computing arena, particularly in Infrastructure through Amazon Web Services (AWS), a sector known for its robust profit margins that contribute more than 17% of Amazon total revenues. Seamlessly intertwined with daily life are Amazon's Alexa-powered Echo devices, driven by artificial intelligence to facilitate product and service sales. The company's focus extends across three key customer segments: consumers, merchants, and website developers.
Trade Amazon at Change
Explore the opportunity to trade Amazon through the Change app, leveraging up to 5x.
Trade Amazon Monday to Friday from 13:30 to 20:00 (GMT) and seize the moment.
Happy trading !