Amazon.com, Inc. has been operational for several years, starting off as an online bookstore & growing into countless new markets. According to a recent study, Amazon is the UK’S favorite retailer, & Apple Inc. is lagging behind in 14th place. Around 1,000 people were surveyed, and approximately 25% of them named the company as their preferred retailer. The study was carried out by the Direct Marketing Association.
Amazon.com, Inc. (AMZN) Beats John Lewis
According to an article published on Business Insider, John Lewis came second, with 14% of those polled consumers naming it as their preferred brand. Other popular brands amongst consumers included House of Frasier, Primark & Next. Amazon.com, Inc. therefore won by a substantial margin of 11%.
The article also gave more info on online shopping brands, reading “The 1,000 people that were polled only identified three online retailers in the top 20: Amazon, eBay and Asos.”
Amazon.com, Inc.’s Stock Near All-Time High
As trading ceased on the 18/07/2016, the firm’s stock was up by 0.09%, trading at $736.07 per share. The firm’s market cap currently stands at $344.60 billion. Amazon.com, Inc.’s share price is around $20 away from its all-time high. The company leaked details of the upcoming PS4 Neo by temporarily listing it on their Spanish website, revealing its price and release date (13/10/2016.)