"Amazon isn’t without competitors in any of the segments it is in, including e-commerce. Major US retailers like Walmart and Target both have broad-based, rapidly-expanding online retail arms, and offer their own versions of Amazon's Prime subscription service. In the UK, Tesco leads in online groceries, and Zalando is Germany's biggest internet retailer of clothing. When it comes to ultra-cheap products, Chinese websites Temu and Shein are major forces."
"Then there is eBay, which earlier this month received a $55.5bn (41.7bn) takeover offer from video games retailer GameStop. Ebay has a different business model to Amazon, with its focus on auctions, second-hand goods, and collectible items. And while GameStop says it hopes eBay could one-day become a stronger competitor to Amazon, the latter currently towers over all its rivals when it comes to total e-commerce market share."
"In the US, Amazon accounts for 40.5% of all online retail sales, while its nearest rival Walmart has 9.2%, according to figures from last month. Ebay is down at around 3%. Amazon also strongly dominates in the UK, where it accounts for"
Amazon sells a wide range of household goods online and also operates Whole Foods, streaming services, Kindle e-readers, and websites powered by AWS. The company became the world’s largest by annual sales, surpassing Walmart. Despite having competitors in individual segments, Amazon has few serious rivals overall in e-commerce. Major retailers such as Walmart and Target run expanding online retail platforms and offer Prime-like subscriptions. Tesco leads UK online groceries, and Zalando is a major German clothing retailer. Ultra-cheap competitors include Temu and Shein. eBay competes with a different model focused on auctions, second-hand goods, and collectibles, but Amazon still leads with far higher online retail market share in the US and the UK.
Read at www.bbc.com
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