Amazon had a difficult quarter, but growth outside of e-commerce saved them
💰 Amazon had a difficult quarter, but growth outside of e-commerce saved them.
One potential strategy for Amazon to continue to grow and remain competitive in the long term is to diversify its revenue streams and expand into new areas beyond its core e-commerce business. Amazon Web Services (AWS) is already a significant and profitable part of Amazon's business, providing cloud computing services to businesses and governments around the world. By continuing to expand and innovate in this area, Amazon could potentially capture an even larger share of the growing cloud services market.
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Amazon’s recent decision to bring employees back to the office five days a week, starting next year, has stirred strong reactions among staff.