“Amazon’s Prime Day ‘early jitters’ with website glitches had minimal impact on the sales success of the annual event, with our view that given Amazon’s prodigious spending, it is safe to say that any day compared to the prior year should be much better from a sales perspective, with the continuing challenge for the company driving margin and profitability in its retail business,” said?Charlie O’Shea, lead retail analyst for Moody’s, in a statement on the Prime Day results.
“I love working at Google, and I especially love the fact that I’m comfortable posting something as inflammatory as my post may have been,” he writes. “The company is super open internally, and as I said several times in my post, they really try?hard?to do everything right. That includes being open to strongly differing opinions, and that has certainly not been true at every company I’ve worked at.”
“At Postmates, what we are trying to do is understand the inventory of a city,” he says. “We are trying to understand what is available that we can redistribute.”
“Amazon Prime membership continues to grow, and we now have tens of millions of members worldwide. They benefit from all-you-can-eat free two-day shipping on millions of eligible items and our members have a voracious appetite,” said?Bezo in Amazon’s post-Christmas news release this morning. “We are extremely grateful to our customers around the world and wish everyone the very best for the coming year.”
“Hainan is seeking cooperation with all kinds of tourism companies outside the island to help enhance local rural tourism, which has become a new growth point in Hainan’s precision-poverty-relief and rural revitalization efforts and the supply-side reform of its rural economy. Hainan’s 516 rural scenic areas attracted 5.45 million visitors in the first half of this year, an increase of 5.9 percent and generated 1.75 billion yuan for local farmers, or a growth of 14.2 percent year-on-year,” said Ao Liyong, deputy director of the commission.
“I would assume that there would be a lot of people in the C-suite at Amazon that would be interested in changing this narrative that you’re telling me about,” he said.
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“Getting the timing on this is difficult, but seeing the value of the combination is easy,” he noted.
“Even though we are seeing Microsoft Azure and Google Cloud make some slight gains on the margin, the sheer size advantage that AWS has amassed today creates a high bar for competitors to narrow its outsized revenue lead,” the Pacific Crest research note?says. “Ultimately, the law of large numbers and data gravity for these usage-based models will make it challenging for competitors to catch up within any single year, which suggests that the race to catch AWS will be a multiyear and multi-billion-dollar endeavor.”
“I believe Huawei is well ahead with 5G due to intensive Rand D investment and has excellent technology,this makes competitors fearful,” saidBarrell.
“Amazon is a fierce competitor,” he wrote. “If you work in the grocery business, you’re looking at what happened to bookstores, you’re looking at what’s happening to the retail industry, and you’re thinking, ‘Uh oh, I’m next.'”