Bezos Just Confirmed Amazon's Growth Is Slowing
Comment of the Day

April 11 2019

Commentary by Eoin Treacy

Bezos Just Confirmed Amazon's Growth Is Slowing

This article by Shira Ovide and Sarah Halzack for Bloomberg may be of interest to subscribers. Here is a section:

But there’s a dark cloud in Amazon’s figure. The growth of Amazon’s total merchandise sales slowed considerably last year, according to Bloomberg Opinion calculations based on Bezos’s disclosures. This figure is not the first sign than Amazon’s retail juggernaut may have slipped a bit. 

In 2018, Amazon’s nearly $300 billion in GMV was about a 19 percent jump from the prior year. That was notably slower than the rates of increase of 24 percent and 27 percent, respectively, in 2017 and 2016. 

Eoin Treacy's view

Elizabeth Warren is campaigning on the platform of splitting up Amazon and the more sectors it competes in the louder that call will be. However, while a populist assumption, it is not accurate to state Amazon is going to completely control retail. The shop online and pick-up market for goods is thriving and conventional retailers are outperforming Amazon. 

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