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Amazon's Impressive Growth Story
Mar 26, 2018

Amazon's growth story since its listing in 1997 is stunning to say the least. Valued at US$ 438 million then, it has gone up more than 1,700 times and is valued at US$ 747 billion today.

Its revenues have grown from US$ 24 billion to US$ 177 billion in 2017, a CAGR growth of 28% over 8 years.

The e-commerce giant recently overtook Alphabet (Google) to become the second largest US company in terms of market capitalisation.

With a 33% market share of the US e-commerce market, Amazon is expected to reach 50% by 2021.

No wonder, companies across industries and geographies are concerned about the wave of disruption that might hit them in the future.

Data Source: Yahoo Finance

This Chart Of The Day was published in The 5 Minute WrapUp - How to Protect Your Wealth in this Falling Market - A Cautionary Tale of Evolution

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