Amazon started as a company that sold products on a website. But now has become a giant powerhouse in the e-commerce industry. But people don’t realise that that business while it’s still Amazons core business but it’s not its only main area.
The company also makes a lot of its cash from its web Service AWS but also from its Amazon Prime.
These alone make multiple billions. That’s without including its advertising. I don’t think we realise how many people use Amazon and the amount of money that make is insane
But I feel that they’re not just an online retailer there also an advertiser and a subscription company.
So I personally understand why it’s one of the most valuable companies in the world right now.
But what do you think of Amazon? Is it worth the price is it overvalued is it fairly valued or is it underpriced?
Would love to hear your thoughts and opinions
Thanks❤️