Home / Knowledge / News / Apparel/Garments / Amazon set to take over half of US e-commerce
Amazon set to take over half of US e-commerce
23
Dec '15
E-commerce major Amazon.com is expected to account for more than half of all e-commerce growth in the US in 2015, according to a note by Macquarie Research.

Macquarie estimates that for every $1 of e-commerce growth, Amazon will take 51 cents, and for every $1 of adjusted retail growth, Amazon will take 24 cents.

Macquarie attributes Amazon's gains to Prime membership, which it said now reaches about 25 per cent of US households. According to the note, 50 per cent of households will be Prime members by 2020.

"While 2015 saw Amazon's stock appreciate 114 per cent in large part based on Amazon Web Services, we believe that Prime will lead to more gains in 2016," the note said.

Data from Slice Intelligence shows that 39.3 per cent of e-commerce sales between November 1 and December 6 went to Amazon. The e-commerce company's shares are up 23.5 per cent for the past three months while the S&P is up 4.2 per cent for the same period. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search