Amazon is so big that it now sells more batteries than the Duracell and almost as many diapers as Pampers, according to a new report.
Prominent venture capitalist Mary Meeker has her annual internet trends report, Amazon is selling more private-label batteries than the Duracell, owning slightly more than 30 percent of the AMERICAN market, from August 2016.
Also takes the third place in selling baby diapers, behind Pampers and Huggies, capturing slightly more than 15 percent of the market.
Under his Amazon-the Basis of the brand, the Jeff Bezos-led company now sells everything from sheets to phone chargers to backpacks.
The entire slide deck from Kleiner Perkins’ Meeker, you can read here.
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Retailers have been hit particularly hard this year, as the store closings could reach a 20-year high this year, as more consumers shop on the internet, with Amazon increasing the lead over Walmart and others.
According to Business Insider Intelligence, Amazon accounts for 43 percent of all U.S. online sales.
ly due to the growing presence in the retail sector, as well as a number of other factors, Amazon’s stock recently hit $1,000 per share, giving the company a market capitalisation of almost $500 billion.