25 June 2020, The Tablet

Prime suspects


Prime suspects

Jeff Bezos

 

Bezonomics: How Amazon Is Changing Our Lives, and What the World’s Best Companies Are Learning From It
BRIAN DUMAINE
(SIMON & SCHUSTER, 336 PP, £20)
Tablet bookshop price £18 • Tel 020 7799 4064

Is Amazon just another of those tedious internet companies, heralding nothing more than the general beastliness of hyper-capitalism? Author Brian Dumaine, global editor at Fortune magazine, would say that it isn’t.

The company certainly has the numbers: sales in 2019 hit US$281 billion (£226 bn) – bigger than the entire Finnish economy – and they were up 26 per cent in the first quarter of this year, boosted by Covid-19; 51 per cent of US households attend church; 52 per cent have Amazon Prime membership. It is the largest online retailer in the world, and is a major force in media streaming.

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