jschembs Posted May 23, 2019 Share Posted May 23, 2019 Amazon made video games for its workers to reduce tedium of warehouse jobs The games are voluntary and have been deployed at five Amazon warehouses. Playing the games is voluntary. No images of the games were revealed, but the Post said the games have names such as "MissionRacer, PicksInSpace, Dragon Duel, and CastleCrafter" and "have simple graphics akin to early Nintendo games like Super Mario Bros." Workers described the games to the Post on condition of anonymity. https://arstechnica.com/information-technology/2019/05/amazon-gamifies-its-warehouse-work-like-tetris-but-with-real-boxes/ Almost as good as Tesla's worker incentives. https://www.sfgate.com/business/article/Elon-Musk-promises-frozen-yogurt-roller-coaster-10966087.php Link to comment Share on other sites More sharing options...
rukawa Posted May 27, 2019 Share Posted May 27, 2019 There's a business growing within Amazon that could one day be worth more than retail or cloud https://www.cnbc.com/2019/03/19/amazon-business-could-be-worth-more-than-core-retail-e-commerce.html "Amazon Business is just beginning to establish itself, Bank of America projects there is a total addressable market for e-commerce B2B of $1.4 trillion by 2021, which is nearly double the firm's estimated $761 billion market for consumer e-commerce. Essentially, the market potential for Amazon Business is about twice the potential for its core retail business." I'm surprised they took so long to get into this. I feel like its even lower hanging fruit than e-commerce. B2B has horribly uncompetitive and non-transparent pricing. Link to comment Share on other sites More sharing options...
KCLarkin Posted May 28, 2019 Share Posted May 28, 2019 There's a business growing within Amazon that could one day be worth more than retail or cloud https://www.cnbc.com/2019/03/19/amazon-business-could-be-worth-more-than-core-retail-e-commerce.html "Amazon Business is just beginning to establish itself, Bank of America projects there is a total addressable market for e-commerce B2B of $1.4 trillion by 2021, which is nearly double the firm's estimated $761 billion market for consumer e-commerce. Essentially, the market potential for Amazon Business is about twice the potential for its core retail business." I'm surprised they took so long to get into this. I feel like its even lower hanging fruit than e-commerce. B2B has horribly uncompetitive and non-transparent pricing. AmazonSupply launched in 2012. Since relaunched as Amazon Business. Link to comment Share on other sites More sharing options...
Liberty Posted May 30, 2019 Share Posted May 30, 2019 https://www.reuters.com/article/us-sprint-corp-m-a-t-mobile-amazon-com-e/exclusive-amazon-interested-in-buying-boost-from-t-mobile-sprint-sources-idUSKCN1T02OV https://advertising.amazon.com/blog/amazon-is-acquiring-sizmek-ad-server-and-sizmek-dco Link to comment Share on other sites More sharing options...
patience_and_focus Posted June 5, 2019 Share Posted June 5, 2019 Why Does Google Know Everything You’ve Bought on Amazon for the Past Six Years? https://www.nytimes.com/2019/06/04/opinion/google-purchases.html So google ad execs can make a case to their clients that they do not need to use Amazon ad platform as google already has a lot of that info! Link to comment Share on other sites More sharing options...
Liberty Posted June 13, 2019 Share Posted June 13, 2019 Jeff Bezos fireside chat at re:MARS 2019 (june 6, 2019) Link to comment Share on other sites More sharing options...
Liberty Posted June 18, 2019 Share Posted June 18, 2019 https://techcrunch.com/2019/06/18/amazon-expands-air-cargo-fleet-with-15-more-planes-will-have-70-planes-by-2021/ Link to comment Share on other sites More sharing options...
Liberty Posted June 27, 2019 Share Posted June 27, 2019 Amazon launches new in-store pickup option with Rite Aid as first partner https://www.reuters.com/article/us-amazon-com-rite-aid/amazon-launches-new-in-store-pickup-option-with-rite-aid-as-first-partner-idUSKCN1TS0RI Link to comment Share on other sites More sharing options...
Liberty Posted June 27, 2019 Share Posted June 27, 2019 I'm a little late with this one, sorry if it was already posted, but here's a 24-min interview with Andy Jassy, head of AWS: https://ondemand.ceraweek.com/detail/videos/cw19event-video-manual-playlist/video/6012631156001/andrew-r.-jassy-in-technology-leadership-dialogue Link to comment Share on other sites More sharing options...
Liberty Posted July 10, 2019 Share Posted July 10, 2019 https://venturebeat.com/2019/07/10/amazon-and-leyou-will-make-a-lord-of-the-rings-pc-and-console-game/ Amazon Game Studios will collaborate with Hong Kong-based Leyou Technologies and Middle-earth Enterprises to develop and publish a free-to-play massively multiplayer online (MMO) game based on the milestone fantasy literary work The Lord of the Rings Constantly branching out and trying new things... Link to comment Share on other sites More sharing options...
Castanza Posted July 10, 2019 Share Posted July 10, 2019 https://venturebeat.com/2019/07/10/amazon-and-leyou-will-make-a-lord-of-the-rings-pc-and-console-game/ Amazon Game Studios will collaborate with Hong Kong-based Leyou Technologies and Middle-earth Enterprises to develop and publish a free-to-play massively multiplayer online (MMO) game based on the milestone fantasy literary work The Lord of the Rings Constantly branching out and trying new things... Free to play.....meaning loot boxes and other in-game purchases.....further meaning consumers will hate it. Hopefully they think of a solution to this as $EA has been ripped to shreds over this. Not to mention the lawsuits they are incurring. LOTRO already exists and has a good following. Shadow of Middle Earth failed massively this past year. The Lord of the Rings series has been covered extensively across all gaming platforms. I wonder why they still think there is a market for this specific game? Player base seems highly fractured. Gaming in general is an industry I'm staying out of. Seems highly fractured and consumers are constantly disappointing with AAA releases. Reminds me a bit of 1983 video game crisis where everyone is putting out the next best game. You know there are issues when game makers are struggling to develop new themes and are instead preying on a now slightly older generations nostalgia from the early to mid 2000's for some quick sales. Until there is something truly new in the market I'll park my money elsewhere. But it's Amazon so who knows! Castanza Link to comment Share on other sites More sharing options...
glorysk87 Posted July 11, 2019 Share Posted July 11, 2019 Free to play.....meaning loot boxes and other in-game purchases.....further meaning consumers will hate it. Hopefully they think of a solution to this as $EA has been ripped to shreds over this. Not to mention the lawsuits they are incurring. LOTRO already exists and has a good following. Shadow of Middle Earth failed massively this past year. The Lord of the Rings series has been covered extensively across all gaming platforms. I wonder why they still think there is a market for this specific game? Player base seems highly fractured. Gaming in general is an industry I'm staying out of. Seems highly fractured and consumers are constantly disappointing with AAA releases. Reminds me a bit of 1983 video game crisis where everyone is putting out the next best game. You know there are issues when game makers are struggling to develop new themes and are instead preying on a now slightly older generations nostalgia from the early to mid 2000's for some quick sales. Until there is something truly new in the market I'll park my money elsewhere. But it's Amazon so who knows! Castanza Lots of stuff you got wrong in this reply... Free to play means consumers will hate it? 4 of the top 5 MOST PLAYED games in the US are free-to-play. In fact, only 3 of the top 10 are paid games at all. I see the statement all over this forum that F2P means loot boxes. It doesn't. League of Legends, Fortnite, CS GO, Dota 2 - all F2P and all monetized via cosmetic purchases, not loot boxes. And gamers love that stuff. Gaming industry seems highly fractured? Over the past ten years it's becoming increasingly consolidated, and likely will continue to consolidate as the gravity of the large publishers sucks in smaller publishers and dev teams. The top 10 publishers have almost 50% of the market share and that number is only increasing. Consumers are constantly disappointed with AAA releases? Red Dead Redemption 2 sold 24 million copies in like 6 months. God of War sold 10 million copies last year. There are some extremely highly anticipated games, some with new IP, coming in the next year or two (Cyberpunk, Death Stranding, Last of Us 2, etc). Frankly, sounds like you're just shooting from the hip on this response and haven't really done any work in the space. Link to comment Share on other sites More sharing options...
Castanza Posted July 11, 2019 Share Posted July 11, 2019 Free to play.....meaning loot boxes and other in-game purchases.....further meaning consumers will hate it. Hopefully they think of a solution to this as $EA has been ripped to shreds over this. Not to mention the lawsuits they are incurring. LOTRO already exists and has a good following. Shadow of Middle Earth failed massively this past year. The Lord of the Rings series has been covered extensively across all gaming platforms. I wonder why they still think there is a market for this specific game? Player base seems highly fractured. Gaming in general is an industry I'm staying out of. Seems highly fractured and consumers are constantly disappointing with AAA releases. Reminds me a bit of 1983 video game crisis where everyone is putting out the next best game. You know there are issues when game makers are struggling to develop new themes and are instead preying on a now slightly older generations nostalgia from the early to mid 2000's for some quick sales. Until there is something truly new in the market I'll park my money elsewhere. But it's Amazon so who knows! Castanza Lots of stuff you got wrong in this reply... Free to play means consumers will hate it? 4 of the top 5 MOST PLAYED games in the US are free-to-play. In fact, only 3 of the top 10 are paid games at all. I see the statement all over this forum that F2P means loot boxes. It doesn't. League of Legends, Fortnite, CS GO, Dota 2 - all F2P and all monetized via cosmetic purchases, not loot boxes. And gamers love that stuff. Gaming industry seems highly fractured? Over the past ten years it's becoming increasingly consolidated, and likely will continue to consolidate as the gravity of the large publishers sucks in smaller publishers and dev teams. The top 10 publishers have almost 50% of the market share and that number is only increasing. Consumers are constantly disappointed with AAA releases? Red Dead Redemption 2 sold 24 million copies in like 6 months. God of War sold 10 million copies last year. There are some extremely highly anticipated games, some with new IP, coming in the next year or two (Cyberpunk, Death Stranding, Last of Us 2, etc). Frankly, sounds like you're just shooting from the hip on this response and haven't really done any work in the space. We probably should continue this discussion in another thread as not to clutter the Amazon one. http://www.cornerofberkshireandfairfax.ca/forum/general-discussion/video-gaming-industry/ Link to comment Share on other sites More sharing options...
Liberty Posted July 17, 2019 Share Posted July 17, 2019 "Prime Day 2019 Surpassed Black Friday and Cyber Monday Combined" https://www.businesswire.com/news/home/20190717005462/en/ Link to comment Share on other sites More sharing options...
Liberty Posted July 25, 2019 Share Posted July 25, 2019 Q2: https://ir.aboutamazon.com/system/files-encrypted/nasdaq_kms/assets/2019/07/25/15-04-00/AMZN-2019.6.30-EX99.1_072519_12pm.pdf Link to comment Share on other sites More sharing options...
Foreign Tuffett Posted July 29, 2019 Share Posted July 29, 2019 Nice to see Amazon trying to bring more services to the Lumpenproletariat https://www.cnbc.com/2019/06/10/amazon-launches-a-credit-card-for-the-underbanked-with-bad-credit.html Link to comment Share on other sites More sharing options...
SHDL Posted August 24, 2019 Share Posted August 24, 2019 This was a good read: https://www.wsj.com/articles/amazon-has-ceded-control-of-its-site-the-result-thousands-of-banned-unsafe-or-mislabeled-products-11566564990?mod=hp_lead_pos5 Link to comment Share on other sites More sharing options...
Liberty Posted August 28, 2019 Share Posted August 28, 2019 https://www.vox.com/recode/2019/5/3/18511544/amazon-prime-oral-history-jeff-bezos-one-day-shipping Link to comment Share on other sites More sharing options...
Cigarbutt Posted September 20, 2019 Share Posted September 20, 2019 For those who, like me, weren't familiar with PillPack, here's what they do: Pretty clever. And licensed in 49 states. Video found via @bluff_capital on Twitter. Looks like they are pretty small - about $100M in revenue. Yeah, they're def not buying revenue. One easy way to get more scale is to use it internally with Amazon's employees, and use it with the JPM-BRK health partnership too. They're positioning themselves for the long-term, and this is one more piece of the puzzle, IMO. There is apparently progress on this front as disruption meets resistance. https://www.insurancejournal.com/news/national/2019/09/19/540432.htm Link to comment Share on other sites More sharing options...
Spekulatius Posted September 20, 2019 Share Posted September 20, 2019 AMZN is like weed, once it gets a foothold in a business, it’s going to be very tough to reign them in. Link to comment Share on other sites More sharing options...
Deepdive Posted September 20, 2019 Share Posted September 20, 2019 AMZN is like weed, once it gets a foothold in a business, it’s going to be very tough to reign them in. You mean crack, not weed Link to comment Share on other sites More sharing options...
Spekulatius Posted September 25, 2019 Share Posted September 25, 2019 So, I have been working with Aswath’s valuation spreadsheet and updated the Y2018 numbers with more current Q1+Q2 numbers. There was also a small incorrectness in his spreadsheet where the years to convergence revenue growth rate was hardcoded at 5 years and I have changed that so the years to convergence numbers now actually does change the revenue growth rate trajectory. I get a value of ~$1565/ share, which is somewhat below the current share price of $1740, but not ridiculously so. Aswath has assumed NT growth rate of 15%, but the most important valuation driver seems to be the 12.5% EBIT margin assumption. This assumption by itself seems a bit questionable because I don’t think that AMZN has an EBIT Target, but uses more of a customer LTV. This can be seen by initiatives like 1 day shipping which for sure cause a margin hit, but may increase the customer LTV. Anyhow, I attach this spreadsheet and of course all comment and suggestions are welcome. http://aswathdamodaran.blogspot.com/search?q=AmazonAmazonSept19.xlsx Link to comment Share on other sites More sharing options...
Liberty Posted September 25, 2019 Share Posted September 25, 2019 Amazon historical price change % (1Y) over the past 10 years: Link to comment Share on other sites More sharing options...
Liberty Posted October 11, 2019 Share Posted October 11, 2019 I enjoyed this Founders' Podcast episode that goes through highlights from 21 shareholder letters from Jeff Bezos. Even having read them all previously, it was good to refresh my memory: https://podcasts.apple.com/us/podcast/71-jeff-bezos-shareholder-letters-all-of-them/id1141877104?i=1000437859575 Link to comment Share on other sites More sharing options...
Liberty Posted October 11, 2019 Share Posted October 11, 2019 There's also a long New Yorker piece (but that's redundant) about Amazon from yesterday: https://www.newyorker.com/magazine/2019/10/21/is-amazon-unstoppable?currentPage=all Link to comment Share on other sites More sharing options...
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