Amazon (Part 2): The Unfulfillment Company.
In Part 1 of Amazon, the Unfulfillment Company, we reviewed Amazon’s rise from online bookseller to third largest company on the planet and well on its way to number one. The extreme focus on the customer is the centerpiece of founder Jeff Bezos’s philosophy and while it has increased consumerism and driven down prices on several categories of goods and services, it’s had big ripple effects in the wider economy and the labor market. Today’s episode picks up where we left off to examine the company’s earnings and acquisitions more closely and addresses how the company is one step ahead of efforts to break it up. We finish with some examples of victories and what must happen to contain Amazon’s influence before it becomes sentient and destroys us all. Or something like that.
Part 1 Recap: 00:00:05
Chapter Four: Big, Bigger, Biggest: 00:07:26
Chapter Five: It’s a matter of antitrust: 00:18:01
Chapter Six: Tiny Victories: 00:30:53
Epilogue: Bring it home, Max: 00:35:33
Post Show Musings: 00:42:49
Know Your Bills: 00:43:16
The New York Times: Amazon reports slowing sales growth and indicates slowdown may continue.
Marketplace Pulse: Amazon Net Sales 1996-2022
World Population Review: GDP Ranked by Country 2022
Forex Sentiment Board: 10 Largest Companies with Highest Revenue in 2022
Insider Intelligence: Amazon annual revenue breakdown by segment in 2022
Next Big Brand: Here Is The List Of Top 10 Firms Acquired By Amazon
CB Insights: Visualizing Tech Giants' Billion-Dollar Acquisitions
PYMNTS.com: Amazon's All-Time High US eCommerce Share: 56.7%
Alec MacGillis: Fulfillment: Winning and Losing in One-Click America
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