Jeff Bezos says Amazon's doing fine, despite his tough start to 2019

Jeff Bezos says Amazon's doing fine, despite his tough start to 2019

5 years ago
Anonymous $fWzGa1uP8i

https://www.cnet.com/news/jeff-bezos-says-amazons-doing-fine-despite-his-tough-start-to-2019/

Bezos started the letter showing off the strong growth of independent sellers on Amazon, with 58% of sales through the company now coming from these third-party merchants and not directly from Amazon. The company has spent the past few years emphasizing its work helping small and medium-sized businesses grow on its platform, looking to use those stories to counter impressions that Amazon is hurting local businesses and forcing brick-and-mortar stories to shutter.

"Third-party sellers are kicking our first party butt. Badly," Bezos wrote Thursday.

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