Amazon Diversifies Growth Drivers, Retail Business Gains Momentum
Amazon's recent financial report indicates that its growth drivers are no longer limited to cloud services (AWS). The retail business, particularly fresh delivery and pharmacy services, has seen significant growth, and the expansion of same-day delivery is effectively enhancing customer loyalty, making fresh products a crucial growth engine for the Amazon platform.
What are the key facts?
- 1Business focus: retail, fresh, pharmacy
- 2Growth data: 50% increase in monthly active users for fresh
- 3Service expansion: same-day delivery now covers 80 new cities
What happened?
Amazon's CEO Andy Jassy noted rapid growth in fresh and pharmacy services, with monthly active users of fresh services increasing over 50%, in addition to same-day delivery services being expanded into 80 new cities. This demonstrates Amazon's success in enhancing retail business efficiency. As these sectors grow, Amazon's overall market share is expected to significantly increase, becoming a new focus of competition.
What does this mean for cross-border sellers?
Amazon's increased investment in fresh and instant delivery indicates that the platform's demands for logistical timeliness and inventory turnover will become even higher. Sellers need to focus on rapid delivery and efficient inventory management to stay competitive. Highest priority action: optimize your logistics chain to meet Amazon's instant delivery standards.