Here's where Amazon's next multi-billion dollar business will come from
Michael Seto/Business Insider
On Wednesday, RBC Capital Markets analyst Mark Mahaney gave a presentation at Business Insider's IGNITION conference about Amazon's biggest future opportunities.
Mahaney pointed out the three big pillars of Amazon's business - Marketplace, Prime, and AWS - are in good position and will continue to drive the company's growth. On top of that, he said the fourth pillar could potentially come from the following areas: business supplies, groceries, shipping logistics, and artificial intelligence/virtual reality (AI/VR).
Mahaney has been covering internet stocks since 1998, and is consistently rated as one of the top tech analysts.
Here's the full presentation deck he used to outline his predictions for what's next for Amazon:
Disclosure: Jeff Bezos is an investor in Business Insider through hispersonal investment company Bezos Expeditions.
- Fresh photographs of Milky Way’s black hole Sgr A* reveal strong, twisted magnetic field similar to M87*
- 8 Lesser-known places to explore in Himachal Pradesh
- Markets end FY24 on buoyant note amid positive global cues
- SRM Contractors IPO allotment – How to check allotment, GMP, listing date and more
- Rupee falls 6 paise to settle at 83.39 against US dollar