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Amazon Business landing in Asia, this corporate procurement business is becoming a trillion-dollar market capitalization catalyst

release time:2020-08-10

Yesterday, Amazon Business officially landed on Amazon's Japan site. This is the first time that Amazon Business has expanded its corporate sourcing business to mainstream Asian markets after its release on sites in the United States, Britain, and Germany.   Who is the most willing to spend money on scientific research? It seems to be Bezos.    In the recent statistical ranking of the R&D investment of various technology giants by the technology website Recode in the previous fiscal year, Amazon ranked first with 16.1 billion U.S. dollars, ahead of the second place Alphabet (Google parent company) with 13.9 billion U.S. dollars. Intel, Microsoft, and Apple followed. Amazon, which has been unprofitable for a long time, can have a current market value of nearly 500 billion US dollars, largely because Wall Street is optimistic about its ability to lead future technology and business models.