2016 Deep Secret: The Business Giant Amazon Is Unaware Of Those Things.

Amazon is one of the most successful technology companies in the world in decades.

Since its listing in 1997, the company's share price has increased by an astonishing 710 times, and its market value has reached $331 billion.

1, Amazon may still be in the early stage of growth, and there is tremendous potential for growth.

According to the US Census Bureau, e-commerce sales account for only 7.4% of the total retail sales in the US.

In 2006, the ratio was only 2.8%, and e-commerce has always been growing steadily.

2, 1/10 Americans (about 10.7% people) are members of Amazon Prime.

What is even more surprising is that Amazon Prime members spend an average of $1200 a year, rather than their members spend an average of about $700 a year.

3, Amazon's local delivery service Prime Now continues to expand, Amazon sales are likely to further improve.

Amazon has only launched Prime Now services in 20 main areas, and this business has only been used for 1 years.

4. Jeremy Clarkson Jeremy Clarkson (Top Gear) recently announced its UAV project in its online advertising campaign for Amazon, which wants to deliver products within 30 minutes.

5, so far, Amazon has only delivered 10 minutes to express delivery service at a time when it delivered Starbucks vanilla ice cream for a customer in Miami.

6.

With the patent of one-click checkout, any other company that wants to provide such services for customers must obtain Amazon patent authorization.

7, in less than 10 years, Amazon has established a completely independent, $6 billion revenue business.

Amazon's cloud computing service revenue now exceeds the total revenue of its four largest competitors.

In fact, Amazon finally opened the curtain of Amazon Web Services, announcing that its revenue last year was as high as $1 billion 570 million, and many people predicted that the value of Amazon Web Services would be as high as $50 billion.

8, Alphabet's Google Corporation claims that Amazon is the biggest competitor in its search advertising domain.

In fact, Amazon's intention to build a secret Engineering Lab A9 in Palo City, California, is to beat Google in search advertising.

Today, the lab is still very secret, with Amazon's most advanced product search and advertising technology.

9, Amazon and Google's engineering talent war has been going on for many years.

The most famous engineer to leave Amazon is Udi Maer (Udi Manber), who was picked up by Google from the A9 lab to take charge of its search advertising business.

{page_break}

10, Amazon CEO Geoff Bezos (Jeff Bezos) has made early investments in a number of epoch-making technology companies including Twitter, AirBNB and Uber.

Bezos's net assets may be more than billions of dollars reported by the media.

In 1998, Bezos provided $250 thousand for Google Larry Page and Sergey Brin to help them start their own business in Larry Paige Sergey.

It is estimated that Bezos bought Google shares at a price of only $0.04 to $0.06 per share, and it is unclear whether he owns Google shares.

11, before Amazon was founded, Bezos was a computer scientist at D.E. Shaw, a hedge fund giant.

12, Amazon's footwear retailer Zappos is a pioneer in promoting corporate culture.

Zappos recently announced the abandoning of its traditional corporate structure and replaced it with "Holacracy".

This is a self-organizing team management mode that benefits the so-called Holon. It abandons Pyramid and hierarchy, but does not abandon management, but rights and management are scattered to everyone.

If employees do not believe this new management plan wants to leave, Zappos is willing to provide 3 months' severance payment, and 14% of employees choose to quit.

13, Amazon has bought Zappos 2 times.

When Amazon first proposed to buy Zappos, it had been flatly rejected by the latter, but Bezos was not discouraged. He immediately created a website called Endless.com, which specializes in selling footwear products below the price of Zappos.

However, Zappos's

It continued to skyrocket until the overstock caused by overexpansion in 2008.

Amazon reopened negotiations with Zappos and finally decided to spend $850 million to buy it.

14, Amazon relies heavily on robots to prepare orders for goods. In 2012, it even bought $775 million for robotics and automation technology company Kiva Systems.

15, by the beginning of 2015, Amazon's robot has reached 15 thousand.

16, Amazon's delivery speed has become very efficient, and a logistics center can deliver 1 million 500 thousand pieces a day.

17, Amazon never concealed its ambitions, including squeezing partners out of the market.

Amazon's negotiations with its delivery and distribution partners have been very intense, and Amazon is gradually trying to take over the delivery business.

Amazon has just bought a large number of trailers to deliver goods between logistics centers.

It is even negotiating with Boeing to lease its own cargo.

18, Amazon is almost ruthless in terms of efficiency, price competition and fanatical working environment.

19, Amazon has always been known for its low profit margins and lack of cash flow.

In the financial statements, you may be surprised to find that Amazon's cash flow in the century is much lower than in the report.