Jeff Bezos is the founder, chairmen, and president of Amazon
Jeff Bezos invested in
- Uber
- Business Insider
- WorkDay
- Grail
- LookOut
Amazon's investments
- HomeGrocer.com
- bankbazar.com
- Easybar
- Wine.com
Companies Purchased by Amazon
- WholeFood market
- twitch
- audible
- Zappos.com
- IMDb
- The Washington Post
Amazon Market Capitalization is 763 billion dollar (2nd largest)
Service provided by Amazon
- Amazon.com(e-commerce website)
- Amazon prime
- Amazon Game Studio
- Amazon music
- Amazon Go
- Amazon kindle
- Amazon web services
It has 5 lakh Employees and 16 Cr customer
Forbs Report
Amazon India Worth $16B With 30% Market Share, Will Hit $70B GMV In 2027
Amazon has pumped in Rs 2,900 crore into Amazon Seller Services, making its single-biggest infusion into its India marketplace during a year when rival Flipkart mopped up nearly $4 billion (about Rs 26,180 crore) in funding.
click here for the report
Now we know, Amazon is an amazing company and the majority of us would love to work with it.
The only concern is; Why don't we invest in our own E-commerce website?
let's understand some key value from a simple story.
Ram is a shopkeeper and used to sell clothes and shoes.
Now he wanted to sell his product online.
Rahul is a student who wants new cloth, so he went to the online store and purchased it.
So basically Rahul(customer) purchased from Ram(shopkeeper)
The online store is "Amazon"
with having this vision Amazon earns Rs 2,900 crore from India.
But if the online store was an "Indian company" we would have gained so much money last year.
We are not supporting our Indian Enterpnure and we assume India will grow.
To prove this my classmates and I conducted a survey
Total responses received was 126,
Out of 126 responses, 62.7% of people prefer Amazon
and 24.6% preferred Flipkart.
The point is if we buy anything from Indian e-commerce websites like Flipkart
We will save our own money which will be approx 2,900 cr.
Now it's up to You "Amazon" is Good or Bad.
Be the change that you wish to see in the world.
Comments
Post a Comment