The ongoing pandemic hasn’t stopped Amazon from working up to its usual par. Instead, it has seen an increased amount of sales going on amidst coronavirus. In the last decade, Amazon has grown into one of the biggest eCommerce platforms in the world. Putting that into perspective, Amazon had a valuation of $50 billion in 2010, whereas, in 2020, it has bloomed into success with the current worth of $1.4 trillion.
With many companies filing for bankruptcy, Amazon remains untouched and unharmed amidst the pandemic. This has been made possible due to its robust business model which prioritizes the customers to the point of obsession, and it worked as the company is expected to earn further $4 billion in the second half of 2020. Amazon makes up for a total of 39% of eCommerce retail sales in America.
The trillion-dollar valuation of this single company is bigger than America’s top 9 retailers combined. Have a look at today’s infographic which visualizes the size of Amazon.
Infographic by: visualcapitalist.com