Saturday, January 13, 2018 6:02 PM EDT
Jeff Bezos’s message to Amazon executives has been clear: Do whatever it takes and don’t worry about the cost. The Seattle-based giant has invested billions of dollars to woo consumers in India, China and other countries in Asia and Europe.
The Wall Street Journal has an interesting video on that aspect in its article Inside Amazon’s Quest for Global Domination.
I cannot embed a non YouTube video but you can click on the above link to play it.
Amazon has made huge inroads in India but not China where it struggles to compete with Alibaba.
Amazon may not rule "everywhere" but that is the goal.
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Disclaimer: The content on Mish's Global Economic Trend Analysis site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
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