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Amazon dominates digital retail
Thursday 08 Jun 2017 Author: Steven Frazer

This is the staggering dominance Amazon (AMZN:NDQ) holds over online retail in the US, not to mention elsewhere. This is the finding of recent research by consultancy Slice Intelligence, which also revealed that Amazon accounted for 53% of the internet sales growth in 2016.

Put simply, Amazon’s already leading share of the US e-commerce market is increasing. Shares in the online marketplace opened at the $1,000 mark for the first time ever on 31 May 2017.

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