What Amazon Did This Week - Forbes

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What Amazon Did This Week - Forbes


What Amazon Did This Week - Forbes

Posted: 23 Sep 2018 12:00 AM PDT

WADTW

Amazon / PA

#WADTW is the regular post that looks at everyone's favorite behemoth, Amazon, from a variety of angles from specific moves, acquisitions, fringe/subsidiary activities, new patents, partnerships and beyond over the last seven days. The aim? Be your one-stop-shop on Amazon every Sunday. Did I miss something? Email or drop me a line via Twitter

NUTSHELL: A very busy week for everyone's favourite cardboard abuser. Multiple new product launches and a huge announcement for small-medium sized businesses. Amazon is looking more and more like the technology company of the people and not just a luxury brand like Apple. The microwave play at the Seattle mega-announcement was an interesting one - essentially saying that Amazon could (or will?!) have an Amazon version of every appliance in the home but also a large nod to manufacturers to get on the bus to the Alexa-ville. A chilling reminder of the power, this beast wields now (and in the future). Ask Sonos, their stock dropped to its lowest point in five years on the news of the Amazon's new range of speakers. The smart plug is a very interesting (and smart) move indeed - essentially this threatens a lot of companies by pushing more into the Alexa ecosystem.

RETAIL (.com, ads, Prime, books, GO, Whole Foods)

Amazon may open 3000 Go stores by 2021. /// Amazon keeps drivers honest by testing them with fake packages. /// Amazon makes an offline retail push in India. /// Amazon is trying to fix browsing on Amazon with Scout (a tool that helps you find what you like using dislikes). /// Amazon extends ad power at the expense of Google and Facebook (now #3). /// Revealed its Top 10 Christmas Toy wish list. /// Amazon plans 14 trillion-rupiah investment in Indonesia. /// Whole Foods is suing an animal rights charity abut a planned protest. /// Launched in Turkey. ///

CONTENT (Prime Video, Music, Audible, TWITCH, Goodreads, Ads...)

Amazon launched a DVR (Fire TV Recast). /// TWITCH is now blocked in China. /// Amazon Prime content won several top category Emmys (including Lead Actress, Supporting Actress and Director). /// 

TECH (Alexa, Dash, AWS, Kindle...)

Amazon announced +10 new products (mainly for the Echo range) including a smart hub ('Plug'), clock, microwave and subwoofer. /// Amazon's new chip doesn't exist yet. /// Amazon has partnered with Electrify America, & Arcadia for smart charging for electric vehicles. ///  Improved Alexa this week with multiple new features and subtle upgrades. /// Launched a whole new Amazon Show. /// Amazon announced multiple new Echo devices (including one for your car). /// Skype will come to Alexa later in 2018. /// Opened up the Alexa ecosystem with Alexa Gadgets Toolkit for Developers. /// Amazon Announces Extensibility for AWS CloudFormation with AWS Lambda Powered Macros. ///

MISCELLANEOUS (Pharma, Space...)

Amazon launched - Amazon Storefronts - a small-medium business shop. /// Amazon will build a second fulfilment centre in Stockton. /// Amazon's PR-fest continued with a Cancer event for children with cancer. /// Two-thirds of US consumers would bank with Amazon if they opened a bank. /// Amazon is investigating staff for leaking information to various sources for bribes. /// The EU is investigating Amazon for abusing competitor sales data. ///

INTERESTING MORSELS:

--- How 2-day shipping is disrupting the Retail industry. [WSJ]

--- Echo Play is a quick fix for the broken infotainment market. [VERGE]

--- Amazon's next trick? Avoiding regulation. [Vox]

--- Cashierless stores could mean $6bn in extra revenue but that's not why Amazon is doing it.  [BI]

--- Three Key Takeaways from Amazon's Plans for Advertising, Video and Voice. [eMarketer]

--- The Pros and Cons of Amazon. [Onion]

CURRENT STATS

/// Share price/7d change: $1,915.01 / -1.15 %

/// Market cap: $934,029.25 M

/// Amazon Users: +300m [BI]

/// Prime Users: +100m [Bezos/Forbes]

/// Latest Earnings: Net sales of $52.9 billion, Net income $2.5 billion,  [AlphaStreet]

USEFUL LINKS

*NEW* Archive of WADTW

List of Amazon Brands

Amazon Wikipedia Page

Amazon Corporate Blog

Amazon AWS Blog

Amazon Investor Relations

Amazon Press Releases


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