Everything on Amazon Is Amazon! [The New York Times]
Solidion Technology, Inc. (STI)
Last solidion technology, inc. earnings: 10/17 06:00 am
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Source: The New York Times
In the nearly 10 years since AmazonBasics arrived, the company has manifested an alternative brand reality , one both far more comprehensive and yet less conspicuous than those of its brick-and-mortar predecessors. (A family could mostly sustain itself on Kirkland products, but it would be abundantly aware it was living in Costco’s world.) This effort is broadly understood to have been a success, generating up to $7.5 billion this year and potentially $25 billion by 2022, according to analysis by SunTrust Robinson Humphrey. Amazon-affiliated brands are promoted in search results on the site and inflated by reviews from Amazon’s Vine program, in which users receive items in exchange for their feedback. And, compared to better known competitors, they tend to be priced aggressively. In creating its own brands Amazon is indeed like any other large store. But Amazon isn’t any other large store. It’s Amazon: the world-historical logistical experiment that happens to call itself a sto
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