Visual Capitalist:
>As brick-and-mortar chains teeter in the face of the pandemic, Amazon continues to gain ground.
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>The retail juggernaut is valued at no less than $1.4 trillion—roughly four times what it was in late 2016 when its market cap hovered around $350 billion. Last year, the Jeff Bezos-led company shipped 2 billion packages around the world.
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>Today’s infographic shows how Amazon’s market cap alone is bigger than the nine biggest U.S. retailers put together, highlighting the palpable presence of the once modest online bookstore.
Amazon is a remarkable success story that may destroy retail commerce through market dominance.