Amazon vs. Coupang: Battle for E-commerce Supremacy
Amazon stands out as the global leader in e-commerce and cloud computing, with a long history of innovation and fantastic growth rewarded shareholders handsomely. The company's fourth-quarter earnings report showed net sales up 10% year over year, while earnings per share (EPS) increased by 86%. Amazon's leadership in artificial intelligence (AI) is also critical to its success, capturing themes in both consumer spending and technology.
- The competitive landscape between Amazon and Coupang highlights the importance of regional market expertise and local customer understanding in e-commerce.
- As more retailers expand globally, how will the role of AI-driven solutions in supply chain management impact the future of omnichannel retailing?