Former $Amazon (AMZN.US)$ employee shares his on $AMZN, espe...
Former $Amazon(AMZN.US$ employee shares his on $AMZN, especially the e-commerce business segment:
- In his view, $AMZN wants to make all business units profitable or at least break even, including 1P.
- $AMZN's ad business is still in its early stages, as $AMZN is constantly improving the consumer experience. He thinks the ad business is nowhere near maturity in its current state.
- While the pandemic benefited $AMZN by bringing more businesses and consumers online, it also increased competition online.
- He believes that in the future, $AMZN will still be innovative but more effective as it focuses on fewer areas than in the past.
- He sees healthcare as a big area of potential innovation for $AMZN, as customers have a significant need there.
- In his view, $AMZN wants to make all business units profitable or at least break even, including 1P.
- $AMZN's ad business is still in its early stages, as $AMZN is constantly improving the consumer experience. He thinks the ad business is nowhere near maturity in its current state.
- While the pandemic benefited $AMZN by bringing more businesses and consumers online, it also increased competition online.
- He believes that in the future, $AMZN will still be innovative but more effective as it focuses on fewer areas than in the past.
- He sees healthcare as a big area of potential innovation for $AMZN, as customers have a significant need there.
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