News > How Big Is Amazon, Really?
Evening Standard | 30/03/2021 11:25 PM | Click to read full article
Unlike many of its retail competitors, Amazon has rapidly diversified its acquisitions since it originated in 1994.
With nearly a 39% share of U.S. e-commerce retail sales, Amazon’s market cap has grown 2,830% over the last decade. Its business model, which aggressively pursues market dominance instead of focusing on short-term profits, is one factor behinds the rise.