Amazon Pulls Ahead in Ecommerce

Business Insider reports, “Amazon Is Crushing Walmart, eBay, and Target in the Growing Mobile Shopping Space.” Eugene Kim writes:

“According to a new note published by Oppenheimer this week, Amazon’s lead in the mobile shopping space is growing by a wide margin, tripling the number of US unique visitors to its mobile app over the past two years. Meanwhile, its biggest competitors like Walmart, eBay, and Target saw almost no growth in the same time.”

Amazon’s mobile app has attracted half our nation’s online shoppers. This is especially important as shopping continues its shift from PCs to mobile devices. Business insider forecasts that mobile sales will reach 45% of the US ecommerce market by 2020.

Cynthia Murrell, January 19, 2017