The Everything Store continued its assault on, well, everything in 2016: drones (via its Prime Air program), artificial intelligence (via its popular Alexa assistant), convenience stores (via its cashier-less Amazon Go chain), and most crucially, analyst expectations that the company couldn’t turn a profit with regularity. The e-commerce giant is plowing money in with its blockbuster Echo home automation device portfolio, its Prime streaming video and music service, and its industry-leading Amazon Web Services cloud computing platform, which is under siege from rivals including Microsoft and Google. Amazon was founded in 1994 and is headquartered in Seattle.
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But it's betting Walmart, Target, and Alibaba pick up the slack.
Both companies are dropping billions of dollars in India.
Academics and analysts argue over the details.
Facebook nabbed the fourth spot in the survey.
This is your Data Sheet newsletter for Monday, April 23, 2018.