NASDAQ: AMZN
In this episode, Dan and Albert break down Amazon. Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales in 2020. Retail related revenue represented approximately 83% of total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (12%), and advertising services and cobranded credit cards (6%). International segments constituted 27% of Amazon's non-AWS sales in 2020, led by Germany, the United Kingdom, and Japan.
In this episode we cover:
- An overview of Amazon (3:15)
- What is Amazon's Flywheel (9:23) - Link to Flywheel
- How Amazon's retail business operates (16:15)
- How has Amazon grown to be a winner (26:07)
- What is the future of Amazon in Australia (30:20)
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