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Amazon steamrolls through 2015

Its share price has more than doubled; market capitalisation dwarfs Walmart's

Published Thu, Dec 31, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    New York

    TWO decades after Jeffrey Bezos started Amazon in his Bellevue, Washington, garage, his e-commerce juggernaut could be forgiven for letting up on its rapid growth.

    Not Amazon, though, which steamrolled through 2015, capturing an ever-growing share of US retail sales. Of every additional US$1 Americans spent for items online this year, Amazon captured 51 US cents, according to a recent estimate by analysts at Macquarie Research.

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