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)
All information contained in this podcast is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. The hosts of Fresh Capital are not financial professionals and are not aware of your personal financial circumstances. Any opinions expressed herein are not recommendations or advice. Please consult a licensed financial professional before you invest.
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