Question

collect and analyze relevant background data on the market and competitors for Amazon Inc.

Answer 1

E-commerce is the future of the global market. It can be seen with budding up of recent companies such as eBay, Amazon, Alibaba. The job of there companies is that they integrate the buyer and seller on one platform at the comfort of their time, a place with perfect transparency,

Amazon

In 2004 its annual net revenue was 6.92 billion dollars but in 2019 its revenue rose to 280 billion dollars. This shows the amount of rising it had in the recent past. It carries the brand value of 315 billion US dollars currently and is the most valuable company globally. It has around 750000 employees who are working around the globe. To popularise its reach it has also started its music, video, studio, publishing and is dreaming to become the only company that anyone needs for anything.  

Alibaba,eBay all have seen a fall in their share of the market which is continuously shirking.

But few of them are

1. Walmart

Although is valued almost double of amazon (around 520 billion ) it has a more running fixed cost and most of the revenue comes from brick and mortar purchase. But it has also started to make a significant online presence and is just behind amazon.

2. Alibaba

A china-based retailer who specializes in online wholesale selling. Hence it focuses more on B2b sales and hence is not a direct competitor. Its market value is close to 240 billion.

3. Otto

European based online retailer which is best known for innovative thoughts to keep up with time.

As far as we can see that there is no global competitor of amazon now globally.