Watch this short animation to get a feel of just how big Amazon has become when compared to other UK retailers when using market value as a metric.
The rise of Amazon as an international brand has been staggering over the past decade. Today, with the range of services and products Amazon offers, their market value significantly overshadows all UK retail companies, combined.
Amazon's market cap has risen to c.£1.2 trillion, dwarfing UK retailers in comparison. Net sales in the fourth quarter of 2020 reached $125 billion, up 44% on the same quarter in the previous year as the impact of the pandemic pushed more sales online...
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