The document discusses Amazon's strategy regarding mergers and acquisitions (M&A), corporate investments, and developments across its businesses. It notes that Amazon had an unusually high number of acquisitions in Q1 2017, which could indicate a more proactive M&A stance to support its AI and enterprise ambitions. Amazon's focus on AI and machine learning was emphasized by Jeff Bezos in a 2017 letter. The document also examines Amazon's patent focus, investments in different sectors like logistics and media, and developments within businesses such as AWS and Alexa.
The presentation is a semester long brand profile, which analyzes how Amazon works in their industry. While Amazon has many products and services, our team chose to specifically outline Amazons Echo.
Speaker:
Asaf Anolik, Head of Innovation, AWS
Focus:
Business
In this session, we’ll review some of the mechanisms and best practices that help us innovate at Amazon, and go through some of the suggestions on how it applies to startups and particularly AWS customers. The goal is to drive simplicity through a continuous, explicit customer focus. Get insights on how we structure our teams for autonomy and speed, and how we’re 'working backwards' from our customers when deciding where to focus engineering efforts.
The presentation is a semester long brand profile, which analyzes how Amazon works in their industry. While Amazon has many products and services, our team chose to specifically outline Amazons Echo.
Speaker:
Asaf Anolik, Head of Innovation, AWS
Focus:
Business
In this session, we’ll review some of the mechanisms and best practices that help us innovate at Amazon, and go through some of the suggestions on how it applies to startups and particularly AWS customers. The goal is to drive simplicity through a continuous, explicit customer focus. Get insights on how we structure our teams for autonomy and speed, and how we’re 'working backwards' from our customers when deciding where to focus engineering efforts.
In this session, we’ll review some of the mechanisms and best practices that help us innovate at Amazon, and go through some of the suggestions on how it applies to startups and particularly AWS customers. The goal is to drive simplicity through a continuous, explicit customer focus. Get insights on how we structure our teams for autonomy and speed, and how we’re 'working backwards' from our customers when deciding where to focus engineering efforts.
With alibaba in the horizon, who among flipkart and amazon will be the king o...eTailing India
In February this year, it was reported that Chinese e-commerce giant Alibaba was planning to acquire Flipkart, the largest home-grown e-commerce company in India. However, the talks did not make much headway, as Alibaba — which is also an investor in Snapdeal — felt that the Indian e-commerce giant was overvalued.
Alibaba Group Holding Limited is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals.
justinethomas629@gmail.com
Meaning of Logo of Amazon
Product Line of Amazon
Amazon’s Other Services
Problems faced by Amazon
Major Competitors
Competition
Tagline Wars
Business Strategies
Competitors(RIVALRY)
Present scenario in Amazon vs Flipkart vs Snapdeal
Free Alibaba Cloud Services to Startups and partnerships for incubators.
$10k for a year / $50k for two years / $18k per month - to any startup that will qualify. 1 on 1 support, help with entering the Chinese market and co-branding opportunities as well.
1Managerial Report for Case Problem Amazon.com lnc.”Execu.docxdrennanmicah
1
Managerial Report for Case Problem “Amazon.com lnc.”
Executive Summary
Today, Amazon is no longer the “online book-selling store” people used to be familiar with, but a very diversified company with an open platform. It not only has a third-party vendor platform that can attract numerous customers but also has achieved a good result in the logistics, film, and television industry. Moreover, Amazon is one of the first group of enterprises to enter the cloud service. Amazon’s leader Jeff Bezos proposed Amazon’s exclusive flywheel business model, which totally demonstrates his business insights and philosophy. Amazon ranks among the world’s top companies through its strengths in customer experience, logistics, cloud services, etc. Also, Amazon has been devoted to the technological area such as artificial intelligence and cloud services. Even faced with intense competition from the leading technology companies like Microsoft, IBM, and Google, Amazon has achieved excellent performance. This report will analyze Amazon’s flywheel model and its core competency, also introduce the competition between Amazon and Microsoft in cloud services and the future development direction of Amazon.
The Business Model of Amazon
Amazon has three core businesses. The first one is Amazon Prime, it is a paid membership system. When customer become a member of Amazon Prime, they can purchase any products on Amazon.com and enjoy free and fast delivery. The second one is the third-party seller platform, Individual merchants can create an online store on Amazon to sell their products. The third one is the AWS (Amazon Web Service). It’s a cloud service and offers a broad set of global cloud-based products including compute, storage or databases and so on. These services help organizations move faster, lower IT costs and scale (Cloud Products, Amazon Official Website). Whether a startup or a large enterprise, they can build their company’s IT system on Amazon’s cloud service system. It’s cheaper and more stable than building your own system.
These three core business looks unprofitable at first, but in fact, they are like a small saw tooth on a huge gear. The Prime and low price product can let the customer keep purchasing on Amazon, while the cloud and logistic service keep the supplier to work with Amazon. More suppliers will attract more customers, vice versa, the more the customers purchase, the more supplier is inseparable with Amazon. These have enabled Amazon to gain more with costs fixed (like logistics and warehouse) and provide customers with a lower price and turns the huge flywheel. Turning the stationary flywheel up must spend a lot of efforts at the beginning. However, in fact, every effort will not be wasted, and the flywheel will turn faster and faster. When a high speed is reached, no more effort is required and the flywheel can maintain its original state of motion.
Amazon’s Core Competency
Amazon’s success relies on robust operations, strict management.
Strategies adopted by amazon during the recession along with generic business...Md. Nazmus Sakib
The assignment reflects the generic strategies of Amazon.com. it undertakes to highlights the financial performance of Amazon during the recession and reasons behind the success of that time. Finally, it focuses on the lessons for a manager from its strategies.
In this session, we’ll review some of the mechanisms and best practices that help us innovate at Amazon, and go through some of the suggestions on how it applies to startups and particularly AWS customers. The goal is to drive simplicity through a continuous, explicit customer focus. Get insights on how we structure our teams for autonomy and speed, and how we’re 'working backwards' from our customers when deciding where to focus engineering efforts.
With alibaba in the horizon, who among flipkart and amazon will be the king o...eTailing India
In February this year, it was reported that Chinese e-commerce giant Alibaba was planning to acquire Flipkart, the largest home-grown e-commerce company in India. However, the talks did not make much headway, as Alibaba — which is also an investor in Snapdeal — felt that the Indian e-commerce giant was overvalued.
Alibaba Group Holding Limited is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals.
justinethomas629@gmail.com
Meaning of Logo of Amazon
Product Line of Amazon
Amazon’s Other Services
Problems faced by Amazon
Major Competitors
Competition
Tagline Wars
Business Strategies
Competitors(RIVALRY)
Present scenario in Amazon vs Flipkart vs Snapdeal
Free Alibaba Cloud Services to Startups and partnerships for incubators.
$10k for a year / $50k for two years / $18k per month - to any startup that will qualify. 1 on 1 support, help with entering the Chinese market and co-branding opportunities as well.
1Managerial Report for Case Problem Amazon.com lnc.”Execu.docxdrennanmicah
1
Managerial Report for Case Problem “Amazon.com lnc.”
Executive Summary
Today, Amazon is no longer the “online book-selling store” people used to be familiar with, but a very diversified company with an open platform. It not only has a third-party vendor platform that can attract numerous customers but also has achieved a good result in the logistics, film, and television industry. Moreover, Amazon is one of the first group of enterprises to enter the cloud service. Amazon’s leader Jeff Bezos proposed Amazon’s exclusive flywheel business model, which totally demonstrates his business insights and philosophy. Amazon ranks among the world’s top companies through its strengths in customer experience, logistics, cloud services, etc. Also, Amazon has been devoted to the technological area such as artificial intelligence and cloud services. Even faced with intense competition from the leading technology companies like Microsoft, IBM, and Google, Amazon has achieved excellent performance. This report will analyze Amazon’s flywheel model and its core competency, also introduce the competition between Amazon and Microsoft in cloud services and the future development direction of Amazon.
The Business Model of Amazon
Amazon has three core businesses. The first one is Amazon Prime, it is a paid membership system. When customer become a member of Amazon Prime, they can purchase any products on Amazon.com and enjoy free and fast delivery. The second one is the third-party seller platform, Individual merchants can create an online store on Amazon to sell their products. The third one is the AWS (Amazon Web Service). It’s a cloud service and offers a broad set of global cloud-based products including compute, storage or databases and so on. These services help organizations move faster, lower IT costs and scale (Cloud Products, Amazon Official Website). Whether a startup or a large enterprise, they can build their company’s IT system on Amazon’s cloud service system. It’s cheaper and more stable than building your own system.
These three core business looks unprofitable at first, but in fact, they are like a small saw tooth on a huge gear. The Prime and low price product can let the customer keep purchasing on Amazon, while the cloud and logistic service keep the supplier to work with Amazon. More suppliers will attract more customers, vice versa, the more the customers purchase, the more supplier is inseparable with Amazon. These have enabled Amazon to gain more with costs fixed (like logistics and warehouse) and provide customers with a lower price and turns the huge flywheel. Turning the stationary flywheel up must spend a lot of efforts at the beginning. However, in fact, every effort will not be wasted, and the flywheel will turn faster and faster. When a high speed is reached, no more effort is required and the flywheel can maintain its original state of motion.
Amazon’s Core Competency
Amazon’s success relies on robust operations, strict management.
Strategies adopted by amazon during the recession along with generic business...Md. Nazmus Sakib
The assignment reflects the generic strategies of Amazon.com. it undertakes to highlights the financial performance of Amazon during the recession and reasons behind the success of that time. Finally, it focuses on the lessons for a manager from its strategies.
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Amazon Web Services
“For years, Wall Street and Silicon Valley alike have rolled their eyes at the legendary Bezos attention disorder. What’s the secret pet project? Spaceships! Earth to Jeff: You’re a retailer. Why swap pricey stuff in boxes for cheap clouds of bits?”1
— Spencer Reiss, Wired Magazine
When Andy Jassy joined online retailer Amazon.com, Inc. (Amazon) after graduating from Harvard Business School in 1997, he never anticipated that he would end up running the company’s developer business. Yet, in 2003, Jassy helped start Amazon Web Services (AWS), Amazon’s storage, computing, and Web-based technology services business. By 2008, Wall Street analysts estimated that AWS generated about $46 to $92 million of revenue for Amazon annually2, and as of October 2008, served over 400,000 registered developers.
AWS was a unique business for Amazon, which was founded in 1994 as an online retailer of books but had since expanded to include a wide array of products sold online—ranging from electronics and music to housewares and toys. Since its founding, Amazon had invested billions of dollars to build the sophisticated Web infrastructure required to support its massive retail business.
Amazon’s expansion beyond tangible consumer goods to selling business services grew out of the company’s experience in creating its own technical infrastructure. In July 2002, Amazon decided to release product data in a developer-friendly format that could be manipulated directly by Amazon’s third-party affiliates—websites that advertised Amazon products and received a portion of Amazon’s resulting sales. The positive response to the release far exceeded the company’s expectations, leading Amazon to consider creating a broader developer-oriented business. Further, the company realized that it was not alone in spending upwards of 70% of its time building and maintaining the back-end technology “muck” that did not differentiate Amazon from its competitors. Amazon executives believed this paradox frustrated other companies in a range of industries that might be interested in devoting more attention to their products and customers and less time to back-end infrastructure. In 2003, the company tapped Jassy, who had been with Amazon for six years, to write the business plan for and run the AWS division.
1 Spencer Reiss, “Cloud Computing. Available at Amazon.com Today,” Wired Magazine, April 21, 2008, www.wired.com/ print/techbiz/it/magazine/16-05/mf_amazon, accessed July 2008.
2 Mylene Mangalindan, “Business Technology: Small Firms Tap Amazon’s Juice—Web Services Unit Gains Popularity Renting Storage, Server Capacity,” Wall Street Journal, January 15, 2008, p. B3, via Factiva, accessed July 2008.
Professors Robert S. Huckman and Gary P ...
Closing Keynote − Ian Massingham, Global Head of Technical & Developer Evangelism, AWS together with AWS Customer Speaker: Theo Vassilakis, CTO & Head of Engineering, Grab.
AMAZON - case study - growth of e-commerceSiddhi Sharma
This study aims to find out the Line of business of amazon, types of business models used, e-commerce strategies and supply chain management strategies
From designer clothing and top brand shoes to home goods and jewe.docxhanneloremccaffery
From designer clothing and top brand shoes to home goods and jewelry, Amazon has set themselves apart from other online retailers by becoming an online superstore that offers consumers the ability to purchase just about anything that they can imagine in one place. Recognizing the rapid growth of internet use, in 1994 Jeff Bezos left his job as the Vice President of a Wall Street brokerage firm to begin selling books over the internet. “Get Big Fast” was not only Bezos’ mantra, it became Amazon’s strategic business model. (Lashinsky, 2016) Amazon initially began in Bezos’ garage, but within 2 month’s had sales of over $ 20,000 per week. As Amazon grew and began offering additional products, they purchased several fulfillment centers to expedite the shipping of their most popular items. But Amazon realized that these fulfillment centers alone would be enough to differentiate them from other online superstores. So in 2005 Amazon launched Amazon Prime, a yearly fee that allows consumers to receive their orders using 2-day shipping at no additional charge catapulting its success. In the past 22 years, Amazon has established itself as one of the most successful retailers in the world with 80 distribution centers worldwide.
Amazon’s growth strategy was simple yet effective. They wanted to become the singular place where consumers could locate and purchase almost anything available.in the retail market; and that strategy has proven very successful over the past 2 decades. Among Amazon’s bestselling items are Lego’s, Levi’s jeans, Play Station game cards and the Amazon Fire Stick, an HDMI streaming stick that allows users to enjoy thousands of channels and games “including access to over 250,000 TV episodes and movies on Netflix, Amazon Video, HBO NOW, Hulu, and more”. (Amazon, N.D.) Amazon has found some fierce competition in companies such as Walmart, Target and Big Lots, but they continue to outperform their competitors in every way. When Amazon initially went public in 1997, just two years after its inception, stock shares were offered at a mere $ 18 per share. (Public, NASDAQ:AMZN). Increasing approximately 43% its original price, Amazon’s stock is now trading at $ 772.44 per share. A long way from its humble beginnings as an online bookstore operated out of Bezos’ Bellvue, Washington garage, Amazon now employs over 240,000 employees worldwide. Amazon’s impressive Seattle, Washington headquarters occupy (3) – 37-story office buildings and (3) dome shaped buildings. (Elmer-DeWitt, 2016) “The executive team at Amazon’s Headquarters is comprised of Officers and Directors.” (Amazon.com, N.D.) Bezos still acts as Chief Executive Officer, President and Chairman of the Board of Directors; In addition to Jeffrey Blackburn, Sebastian Gunningham, Andrew Jassey, Steven Kessel, Diego Piacentini, Thomas Szkutak and Jeffrey Wilke as the company’s Senior Vice President’s and Shelley Reynolds and David Zapolsky as the Vice President’s. (Am ...
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
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𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
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What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
2. An inside look at Amazon’s strategy in M&A,
corporate investment, and the virtuous cycles
inside its many businesses.
3. Main Takeaways (1/3)
Amazon’s latest raft of acquisitions could indicate more hunger: Amazon had a large uptick
in M&A in Q1’17, buying Harvest.ai, a cybersecurity player; Do.com, a meeting productivity
software; while also buying its way into a new geography with Souq.com, a Middle Eastern e-
commerce site. This is out-of-character behavior given the company’s generally more conservative
M&A history and could mean Amazon is shifting to a more proactive stance to fuel its AI and
enterprise ambitions.
Amazon’s next pillar is likely to be AI: In a letter to shareholders published in April 2017, Bezos
wrote extensively about AI and machine learning as a focus of new company efforts to maintain
relevance and its edge over the competition. Voice, virtual assistants, and natural language
processing will continue to be a focus. But Amazon is also focused on AI-as-a-service and putting
the basic tools of AI in the hands of its cloud computing and developer community. More than ever
before, Amazon has aspirations to become a platform company.
Amazon’s interest in GRAIL may foreshadow healthcare AI interest: Its investment into
GRAIL was a vote of confidence that genomics, with its massive data and processing needs, will
be a major area for computing. Amazon’s existing tools for big data and AI mean it’s well
positioned to enter the healthcare arena, where many AI startups are already proliferating.
4. Main Takeaways (2/3)
Amazon’s corporate venture arm, the Alexa Fund, has nurtured the developer and
hardware ecosystem around Alexa as a universal AI assistant: The Alexa platform offers
SDKs which allow third-party developers to build skills for the AI assistant and other
manufacturers of hardware to integrate the Alexa assistant into their products. The Alexa Fund’s
investments also point to new interfaces — like gesture controls championed by Thalmic Labs —
as well as hardware category possibilities, like robotic companions, such as those developed by
Embodied.
The company is also making more diversified investments into logistics, cloud apps, and
media: Amazon’s recent forays into logistics and media foreshadow areas of new business
interest. Amazon tends to invest mainly where it can make strategic partnerships. India-based
Housejoy will help expand its reach in the region, and Twilio has partnerships with AWS.
Secretive R&D skunk work Lab126 is behind Amazon’s recent consumer tech hits: The
secretive Silicon Valley-based R&D lab is behind hardware hits like the Echo and Kindle. And
although it was also where the ill-fated Fire phone was developed, it is an under-appreciated
example of Amazon’s internal dedication to innovation.
5. Main Takeaways (3/3)
Next-generation logistics is a centerpiece of Amazon’s R&D: Nearly 80 of Amazon’s 2016
patents are focused on developing its logistics network, which is already far more than just a few
years ago. Amazon also patents heavily for its cloud computing and cybersecurity efforts.
Amazon has also raised its profile in consumer goods and physical retail: Amazon operates
its own shoe lines and apparel brands, as well as consumer goods grouped under its Amazon
Basics label. It has begun opening brick & mortar bookstores, and has launched its Amazon Go,
check-out free, convenience store concept. It’s conceivable that Amazon Go could become a
licensable white-label solution for retail tech. Certainly, Amazon is putting more pressure on
traditional retail than ever.
7. Table Of Contents
Background on Amazon
Acquisitions
Investments
Patents Spotlight
Amazon Initiatives by Sector
• E-commerce and Retail
• Transportation and Logistics
• AWS and Enterprise Cloud
• AI & Voice
• Other New Businesses
8. Table Of Contents
Background on Amazon
Acquisitions
Investments
Patents Spotlight
Amazon Initiatives by Sector
• E-commerce and Retail
• Transportation and Logistics
• AWS and Enterprise Cloud
• AI & Voice
• Other New Businesses
12. “It’s All About the Long Term
We believe that a fundamental measure of our
success will be the shareholder value we create
over the long term. … Because of our emphasis
on the long term, we may make decisions and
weigh tradeoffs differently than some
companies. …
We will continue to focus relentlessly on our
customers.”
Jeff Bezos
CEO and Founder, 1997 Letter to Shareholders
2016 Letter to Shareholders
13. “Staying in Day 1 requires you to
experiment patiently, accept failures,
plant seeds, protect saplings, and
double down when you see customer
delight. A customer-obsessed
culture best creates the conditions
where all of that can happen.”
Jeff Bezos
CEO and Founder, 2016 Letter to Shareholders (April 12, 2017)
2016 Letter to Shareholders
14. 3 Pillars Of Amazon
Bezos said Prime, Marketplace
(third party seller business), and
AWS (cloud service) were Amazon’s
current pillars.
Bezos said others are in the works,
and “ask him in 10 years” on
whether they were successful.
When pressed on which could be
the next pillars, Bezos mentioned
its original content arm Amazon
Studios and its NLP effort with
Alexa and AI were very promising
teams.
Recode
15. The Pillars Mirror Amazon’s Sources
After its e-commerce business, 3rd party services (marketplace), AWS, and then Prime are the
largest sources of revenue.
But don’t be fooled by their small shares. These pillars are where Amazon implements virtuous
cycles that feed back into the e-commerce engine.
16. AWS & Fulfillment Lead, But Adding Jobs in Alexa & Devices
AWS is the biggest area Amazon is scaling
up with more than 5600 jobs, which
translates to about 33% of all the open
listings. Fulfillment & Operations was the
next largest hiring area, representing
about 19% of open positions.
Surprising cohorts were the Alexa Team,
with more than 890 jobs, making Alexa
nearly 5% of all Amazon’s open positions.
And the Amazon Devices team, which
includes the recommendation algorithm
team MAKO, also accounts for about 5% of
job listings.
17. Table Of Contents
Background on Amazon
Acquisitions
Investments
Patents Spotlight
Amazon Initiatives by Sector
• E-commerce and Retail
• Transportation and Logistics
• AWS and Enterprise Cloud
• AI & Voice
• Other New Businesses
18. Sudden M&A Uptick In Q1’17
Amazon has earned a reputation
as a conservative M&A player,
but the tide may be turning.
Doing 4 deals in Q1’17, the
company’s acquisition tally
matched a record quarterly high
set in Q3’15, and outpaced
activity in the previous two
quarters.
The sudden uptick in M&A is
notable, given the company has
rarely done more than 2 deals
per quarter.
Q1’17 deals included Thinkbox,
Do.com, Souq, and Harvest.AI.
19. Compared To Its Peers, Amazon Isn’t As Acquisitive
Compared to its tech giant
peers, Amazon is less
acquisitive and did only 5 deals
in 2016.
Apple has recently done
between 8 and 14 M&A deals
per year.
Facebook‘s activity, while
trending downward more
recently, once hit back-to-back
years of 14 deals.
Google is certainly an outlier in
M&A activity, since it is
particularly active, but in 2014
it did 35 deals where Amazon
only did 5.
Amazon vs Apple, Facebook, Google M&A History
M&A deals per year, 2001 - 2016
20. Zappos, Twitch, and Kiva Top M&A Purchases
Rank Company Valuation Description
1 Zappos $1.2B Shoe ecommerce
2 Twitch Interactive $970M E-sports broadcast
3 Kiva Systems $775M Industrial robotics
4 Souq.com $750M UAE-based ecommerce site
5 Quidsi $500M E-commerce, owner of Diapers.com
6 Annapurna Labs $370M Datacenter communications
7 LOVEFiLM International $312M DVD rental service
8 Audible $300M Audiobook streaming
9 Elemental Technologies $296M Video delivery and processing software
10 Junglee $187M Shopping comparsion for India market
Amazon’s Biggest Acquisitions
M&A with public valuations, 1997 – 2017 YTD (April 18, 2017)
Top bets seems to have paid off, and are now big business. The tech industry scoffed with
sticker shock over Twitch, but it’s now expected to be a big revenue driver. Kiva robotics save
20% on operating costs when implemented into fulfillment centers.
21. “A dreamy business offering has at least four
characteristics. Customers love it, it can grow
to very large size, it has strong returns on
capital, and it’s durable in time – with the
potential to endure for decades. When you find
one of these, don’t just swipe right, get married.”
Jeff Bezos
CEO and Founder, 2015 Letter to Shareholders
22. “Amazon is a conservative buyer. They think
long term and they don’t get seduced by high-
flying valuations…. Amazon is unlikely to
overpay for a high-flying, fully baked
platform as the basis for the next dreamy
business. They are more likely to fill gaps
through smaller deals, which makes M&A less
central to their strategy than it is to a company
that expands to entirely new markets through
acquisitions.”
Nat Burgess
M&A Specialist TechStrats
GeekWire
23. Amazon Favors The Early Stage For M&A
Since 2010, Amazon has favored buying early, acquiring 10 Series A stage companies,
followed by seed/angel stage companies
Amazon Acquisitions by Stage
Q1 2010 – Q1 2017
24. Souq.com Marked New Geographic Interest
Almost all of Amazon’s acquisitions in recent times were to US-based companies.
Buying UAE-based Souq.com was a new area of geographic interest.
Amazon Acquisitions by Country
Q1 2010 – Q1 2017
25. Table Of Contents
Background on Amazon
Acquisitions
Investments
Patents Spotlight
Amazon Initiatives by Sector
• E-commerce and Retail
• Transportation and Logistics
• AWS and Enterprise Cloud
• AI & Voice
• Other New Businesses
26. Investments
When it comes to corporate venture, Amazon is beginning to get more active. As a fledgling
internet company in the late 1990s, Amazon lost hundreds of millions investing in now-
infamous dot-com startup failures such as Drugstore.com, Pets.com, and Kozmo.com,
among a host of others (it reportedly lost $60M on Kozmo alone). Narrowly evading death
itself in the bust, the company would be licking its wounds for years and was decidedly
inactive in investment until the late 2000s.
In more recent years, the focus has shifted to more forward-looking ventures across a
number of industries spanning healthcare, voice, IoT, and communications platforms. The
majority of these investments are thematically linked to its AWS ecosystem, which now
encompasses voice, AI, development tools, and cloud computing.
In June 2015, Amazon committed $100M to founding its first stand-alone corporate venture
capital unit called Alexa Fund, which specifically invests in voice technology and IoT
technology to bolster the ecosystem for its Alexa Voice Service. The Alexa Fund is relatively
small (Google Ventures, for reference, started with a $100M per year investment goal) and
the fund was the 45th most active CVC in 2016, lagging far behind other tech giants’ CVC
initiatives.
27. Amazon Is Getting More Active In CVC
The introduction of the Alexa Fund has advanced Amazon’s presence as a corporate investor.
Until 2015, it wasn’t much more active than it was in the dot-com era.
Amazon & Alexa Fund Investments History
Deals per year, 1998 -2016
Mirroring much of the venture ecosystem in
2016, Amazon pulled back on dealmaking and
made only 3 bets as a company and 12 bets
from its Alexa Fund. Both entities did fewer
deals than they had the previous year.
Amazon’s deal activity, excluding the Alexa
Fund, remains on par with its numbers in the
1990s, back when the company was expanding
as an internet bookstore.
28. Compared To Peers, Amazon Is In The Middle
Compared to the level of
activity of its tech
competitors, Amazon falls
somewhere in the middle.
Google has made loads of
bets, where Facebook and
Apple hardly invest, opting
instead to purchase
companies outright or not
invest at all.
Amazon vs Apple, Facebook, Google Financing History
Corporate investments, 2005 - 2016
30. Alexa Fund
As Amazon makes its big foray into the AI world with its Alexa platform product, its
corporate venture fund serves as a bellwether for its efforts to build the go-to platform for
voice tech. The fund has existed for less than 2 years, and to-date (April 12, 2017) the fund
has done 25 deals, 7 of which were announced with the fund’s inception.
The Alexa Fund mostly does early-stage deals (seed & Series A), but has participated in
Series B rounds to consumer IoT heavyweights Ecobee (home automation), Thalmic Labs
(gestural computer controls), and Owlet Baby Care (baby monitors), along with a Series C
deal to connected doorbell maker Ring. In one way or another, all these startups play into
the smart home category which is a big use case for Alexa, or into new human-computer
interaction models.
31. Alexa Fund Is Active, But Not Compared To Others
The Alexa Fund has historically done just a deal or two per month, which, as previously
mentioned, is well below the activity level of Google Ventures. Also, it is peculiar that there
are no fund investments in 2017 so far. (Perhaps related is that in January 2017, Alexa
Fund announced an all-new Alexa Accelerator in partnership with TechStars, one of the
most active IoT accelerators.)
Alexa Fund’s investment history
32. Alexa Fund Has Nurtured The Hardware Ecosystem
Nearly all Alexa Fund investments
so far have a potential integration
into Alexa’s smart home voice
controls.
These include Rachio (connected
sprinkler system), TrackR (small
items finder), Nucleus
(connected intercom system),
Petnet (smart pet feeder),
Musaic (connected speakers),
and Scout Security (security
camera).
Investing here likely offers more
strategic value in bringing these
products closer into the Alexa
ecosystem than a chance at
serious returns.
33. Alexa Fund’s typical deal partners
Alexa Fund’s typical
deal partners include
familiar names from
among the most active
IoT investors such as
Felicis Ventures and
Intel Capital.
Interestingly, the fund
has shared a number
of deals with Canadian
early-stage firm Relay
Ventures.
34. Alexa Fund investments:
A more forward-looking move might be detectable in Alexa’s 2015 investment into Invoxia,
which makes a magnetic kitchen device and was its first partner to use the Alexa Voice
Service on third-party hardware (Lenovo and other hardware makers also now incorporate
the Alexa platform). Other interesting bets have included Thalmic Labs whose Myo gesture
tracking armband could add a new mode to control the Echo, along with DefinedCrowd,
which supplies crowdsourced natural language processing (NLP) training data for 90% of
world languages. (Presently, Alexa Voice Service only works in English.) Also interesting was
the deal to Embodied, which is part of a new wave of social and educational robotic
companions that are cropping up.
Finally, the Alexa Fund saw one exit with Orange Chef, which made a connected food scale.
But the company was no home run and was essentially sold for parts to food discovery
platform Yummly.
36. Amazon Corporate Investments
Amazon’s already-sparse activity slowed in
2016. From 2015 to present, Amazon’s stock
has grown at 7 times the rate it did from
2013 to 2015. It may be counterintuitive that
a company with such a recent meteoric rise
in stock price would slow down its corporate
venture efforts. Evidenced by the chart below,
investment peaked in Q3’15, with 3 deals
done. Since then, investments have trailed
down.
37. When Investing, Amazon Favors Bigger
Amazon’s corporate team heavily favors late-stage
deals in the last 5 years.
Most of the deals have fallen into the $10M – $25M
range, and nearly one-third of deals have been at
Series E+.
38. Beyond The Internet: Bets Getting More Diverse
From 2011-2013, the company solely did
deals to internet companies, whereas
more recently, between 2014-2016, it has
also invested in Media, Auto & Transport,
and Mobile. This parallels some of
Amazon’s broader new business initiatives
in AWS and logistics.
Investing in freight forwarder Yodel
Delivery Network expands its logistics
network and strategic knowledge in the
UK, and AWS’ developer community is
bolstered with investment and partnership
with now-public Twilio.
39. The GRAIL Mega-Deal Is Curious
Amazon recently invested in its first biotech startup with GRAIL, which focuses on genomics
for cancer diagnosis.
40. Genomics And Healthcare AI Is A New Focus
The deal marks interesting new territory
for Amazon’s investing appetite, and
because genomic sequencing requires
intensive computing power, GRAIL and
genomics research and applications in
general could parlay nicely into Amazon’s
existing AWS business. Not surprisingly,
the homepage for AWS Health features
gene sequencer Illumina, from which
GRAIL spun out, as a customer success
story.
41. Amazon’s typical deal partners
Amazon has co-invested frequently with the same investment syndicate that helped the company
launch as a young startup. As mentioned, Amazon originally raised from Kleiner Perkins Caufield &
Byers and angel Tom Alberg of Madrona Venture Group, so it’s worth noting that both firms and
Amazon continued to do deals in the dot-com era.
42. “Using our pre-packaged versions of
popular deep learning frameworks
running on P2 compute instances
(optimized for this workload),
customers are already developing
powerful systems ranging everywhere
from early disease detection to
increasing crop yields.”
Jeff Bezos
CEO and Founder, 2016 Letter to Shareholders (April 12, 2017)
2016 Letter to Shareholders
43. Table Of Contents
Background on Amazon
Acquisitions
Investments
Patents Spotlight
Amazon Initiatives by Sector
• E-commerce and Retail
• Transportation and Logistics
• AWS and Enterprise Cloud
• AI & Voice
• Other New Businesses
44. 1-Click Was Amazon’s Original
Amazon’s enforcement of a 1997
patent has given it a leg up in the
checkout process for the past 17 years.
The patent expires this year and
competitors like Google are planning to
use it.
The 1-Click patent ended up being a central issue in Amazon’s early life,
and according to Brad Stone’s book “The Everything Store,” Amazon
was aggressive in enforcing its IP with competitors:
45. Amazon’s Patent Volume Has Soared
Amazon Over Patent Application Activity
By date of application, 2009 -2016
Patents have grown from 248 in
2009 to more than 1100 in 2013
Note: 2014-2016 are to-date as more applications
surface.
It’s worth noting that in recent years
Amazon has put more resources
toward intellectual property efforts.
Though, compared to Google's patent
efforts, Amazon is doing roughly one-
third as many applications.
46. Keyword Analysis
The key phrases data illustrates Amazon’s diverse business priorities, albeit with some time lag.
Securing IP around virtual machines is a high priority: related phrases like “machine instance” were top patent
keywords throughout the years, and “virtual machine” was the top key phrase in both 2010 and 2016.
The ones that have rolled in from 2015 and 2016 indicate new interest in drones and cybersecurity, given the
sudden prominence of keywords like “unmanned vehicles” and “cryptographic key.”
47. Logistics, UAVs, Vehicles A New Focus
Amazon Logistics Patent Application Activity
By date of application, 2009 -2016 YTD (April 3rd, 2016)
Instances of related logistics
keywords have increased
dramatically in recent years.
78 patents with those keywords
have rolled in 2016, and we
expect even more.
48. Fulfillment From The Heavens
Inside Amazon’s patent portfolio were
some forward-looking patents that give
a peek into the futuristic logistics
network Amazon may one day
engineer.
Recently, an application for a patent
came to light that suggests Amazon is
trying to create a flying warehouse
that would dispatch package-laden
drones to the ground.
Called an “Airborne Fulfillment Center”
(AFC), the patent describes it as “an
airship that remains at high altitude.”
49. Autonomous Drone Conversation
In another patent, there are
details about a drone mesh
network that alerts all other
drones about their surroundings.
50. Flinging Fulfillment
And in more recent patent drawings,
Amazon’s fulfillment centers would
use robotics to assemble orders by
tossing items through the air.
51. Table Of Contents
Background on Amazon
Acquisitions
Investments
Patents Spotlight
Amazon Initiatives by Sector
• E-commerce and Retail
• Transportation and Logistics
• AWS and Enterprise Cloud
• AI & Voice
• Other New Businesses
53. “A more nuanced approach considers
the fact that Amazon is not a monolithic
operation, but rather a collection of
businesses sharing resources, including
a channel (Amazon.com), logistics, and
a common technological foundation.”
Ben Thompson
Independent Tech Analyst at Stratechery
THE AWS IPO
54. Amazon Has A Series Of Flywheels In Motion
Amazon owns the richest data set
on how consumers consume, how
sellers sell, and (among the richest)
in how developers develop. This, in
turn, allows Amazon to optimize its
online shopping experience, its
logistics network, and developer
environment (and even its voice AI),
which all, in turn, make Amazon’s
offerings even richer.
57. Amazon Flywheel On A Cocktail Napkin
The Amazon business model as drawn by Jeff Bezos on a napkin
Bezos famously scribbled the
flywheel effect of its e-commerce
business. Its position as an
intermediary platform allows it to
leverage its cost structure and
selection in a way that brings in
ever more buyers and sellers.
58. 49% of Amazon’s Sales Are Third Parties
In 2000, Amazon gave outside
companies the ability to sell on
Amazon.com, and this program
now accounts for 49% of the goods
it ships. Behind the scenes,
Amazon’s retail marketplace “is like
this massive slowed-down stock
exchange” where 2M+ sellers
compete.
59. Amazon’s Private Label Brands Are Taking Over Market Share
Where Amazon can compete, it will also develop its own products as a competing supplier. About a
year ago Amazon began selling over a dozen private-label goods for households. In addition to home
essentials sold under its Amazon Basics brand, the company has private labels in apparel, CPG, and
diapers. The strategy behind doing so is because Amazon can take advantage of higher profit
margins: the company doesn’t need to spend much on marketing and brand development, and with
its e-commerce data it can know which products will resonate with customers. But Amazon’s
leverage as a seller and the platform owner makes for an awkward relationship. Amazon has the
power to put its products higher in the search rankings. Resentful suppliers may want to leave the
channel as a result but can’t afford to lose the distribution channel and are forced to compete with
the store brand.
60. Amazon Prime
Amazon Prime — the membership program created to gratify more time-sensitive and less price-
conscious customers — gives two-day shipping with an annual membership fee. Prime has also
expanded far beyond free shipping, and it now includes Prime Video media streaming and other
exclusive services to keep its subscription rates high.
61. Amazon Go
Amazon Go, a vision for a store without employees, will employ RFID tech and computer vision to
allow any Amazon Prime member to shop without a checkout process. (Amazon board member Tom
Alberg is also a backer and board member of recently-IPO’d RFID company Impinj.)
Amazon said the Go Store technology may be delayed due to kinks in the technology, but once
perfected the retail tech could be packaged and sold as a platform for physical retailers.
This would allow retail tech to be yet another way Amazon “dogfoods” its tools into a tax on
commerce, and perhaps — collects more customer data.
62. Amazon Targets India For Grocery Stores.
India is also expected to become the world’s fastest-growing e-commerce market, and Amazon has
said it’s investing $3B toward its India business. Its investment in home services company HouseJoy
and insurance marketplace BankBazaar furthers its involvement in India’s tech ecosystem. In just a
few years in India, it’s made contracts with major delivery services and is starting its own delivery
service to augment these. But as it stands, only 35% of India’s population is connected to the
internet. And Amazon faces tough competition in India from local players Flipkart and Snapdeal, with
backing from Tencent and Alibaba respectively.
64. Robotics In Logistics
When Amazon bought warehouse
robotics maker Kiva Systems in 2012,
it might have been difficult to see the
immediate value. But Amazon now
has more than 45,000 robots in its
warehouses, after adding about 15K
each year. The acquisition of Kiva,
according to Bloomberg, “set off an
arms race among robot makers and
shippers who scurried to keep up
with the e-commerce giant” and its
efficiencies.
65. Amazon Trying To Compete With FedEx & UPS
Amazon has been eager to grow its
fulfillment center coverage. Right now,
44% of Americans live within 20 miles
of an Amazon warehouse, compared
to just 5% in 2015. The company is
also looking to rely less on incumbent
shipping networks and is taking steps
to build its delivery network, which
may eventually grow to a scale that
could compete with Fedex and UPS.
66. Amazon Expands Into Ocean Freight Prime Air
Its efforts to achieve independence
by land, air, and sea are bold: this
year Amazon is finishing development
of a $1.5B air freight center in
Kentucky. The company is planning to
lease 40 “Prime Air” cargo jets, and
offering China-based sellers use of its
delivery network. In addition, the
company is acting as a freight
forwarder by helping Chinese
suppliers book space on ocean
vessels.
67. Unmanned logistics and delivery
Unmanned logistics and delivery
remain a question mark with an
uncertain timeline, despite the
patents mentioned. On the drones
front, Amazon is heavily focused on
an in-house effort to add
autonomous aerial drones to its
arsenal of delivery methods. It’s been
several years since the
announcement, and without much to
show yet (except for isolated demos),
a question going forward will be
about how and if it can integrate this
into its logistics network.
69. Nobody Wants Amazon To Own Cloud
AWS represents around 40% of
the market, but its competitors
are gaining market share. Cloud
vendors like Microsoft Azure and
Google Cloud are gaining market
share.
70. Amazon’s Turning A Profit Thanks To AWS
In revenues, however, Amazon
is doing $12B+ per year, which
is several times that of any
serious competitor. Amazon has
begun posting profits in large
part due to the success of AWS.
71. AWS Lambda Is The Micro-service EC2, Lowers Friction
One of AWS’s newest services
further reduces the friction of
getting started. Lambda allows
developers to write strings of
code and deploy without
managing any backend.
72. “Perhaps the greatest makeover was of Amazon’s own
image. AWS enlarged the scope of what it meant to be
the everything store and stocked Amazon’s shelves
with incongruous products like spot instances and
storage terabytes. It made Amazon a confusing target
for Walmart and other rival retailers and gave the
company fresh appeal to the legions of engineers
looking to solve the world’s most interesting problems.
Finally, after years of setbacks and internal rancor,
Amazon was unquestionably a technology company,
what Bezos had always imagined it to be.”
Brad Stone
Author of “The Everything Store”
74. Alexa Voice Service Highlights AI Effort
Amazon is selling the guts of its
Echo line of voice computers as
a cloud service, allowing
developers to implement the AI
assistant and voice tech.
75. AI-as-a-SERVICE
Amazon AI unveiled offerings
that will work like an API and
allow any developer to access
Lex (the NLP inside Alexa),
Amazon Polly (speech synthesis),
and Amazon Rekognition (image
analysis).
77. “Much of what we do with machine learning happens
beneath the surface. Machine learning drives our
algorithms for demand forecasting, product search
ranking, product and deals recommendations,
merchandising placements, fraud detection,
translations, and much more. …
[Our AI tools] can be accessed with simple API calls –
no machine learning expertise required. Watch this
space. Much more to come.”
Jeff Bezos
CEO and Founder, 2016 Letter to Shareholders (April 12, 2017)
2016 Letter to Shareholders
79. Fintech: Amazon Cash
Amazon is also expanding its
financial reach by launching
Amazon Cash, which allows users
to add to their Amazon.com
balance by showing barcodes at
brick-and-mortar checkout
locations. The move is said to help
appeal to the “underbanked” who
are accustomed to dealing with
cash and might be new to online
commerce.
80. Amazon Retail Stores Could Let You Shop In AR/VR
Amazon might have its eyes on
augmented and virtual reality
(AR/VR). Amazon’s Lumberyard, a
game development engine on AWS,
could play a greater role in the
development of VR content. The
company is also rumored to be
integrating more augmented reality
tech into its brick-and-mortar effort
so patrons could picture how items
would look in their homes.