Amazon continuously awes the world with ambitious goals to build a comprehensive world of consumer and business solutions. Forward-thinking technology company commands its own e-commerce world, rivaling Google in search, and major department chains in retail, among its other, massively impactful, business units. Amazon Prime counts over 100 million members, generating $9.9 billion for the company without even selling a single product on the platform. For comparison, JPMorgan Chase – the number one most visited bank website with the most mobile banking customers – has 46.7 million digital customers.
Amazon ranked third among the smartest companies of 2017 for creating an AI-powered store of the future with Amazon Go, while expanding intelligent voice assistant Alexa into phones, cars, and more, among other achievements. The number of programs that software developers have published for Alexa reached 12,000.
In his ever-important for a range of industries letters to shareholders, Bezos reveals critical milestones the company passed in 2017. What’s peculiar, is that India takes a special place in his letter.
Pick #1. Bezos’s 2017 Letter to Shareholders – Recent Milestones
13 years post-launch, we have exceeded 100 million paid Prime members globally. In 2017 Amazon shipped more than five billion items with Prime worldwide, and more new members joined Prime than in any previous year. We expanded Prime to Mexico, Singapore, the Netherlands, and Luxembourg, and introduced Business Prime Shipping in the US and Germany.
It’s exciting to see Amazon Web Services, a $20 billion revenue run rate business, accelerate its already healthy growth. AWS has also accelerated its pace of innovation – especially in new areas such as machine learning and artificial intelligence, Internet