Amazon appeared in headlines all throughout 2017. Most noteworthy, however, was their $13.7 billion acquisition of Whole Foods in June. For months afterwards, market analysts discussed what the acquisition meant for Amazon, its competitors and the future of e-commerce as a whole.
While Amazon has been a powerhouse in the e-commerce market for years, a recent article published by Digital Commerce 360 outlines the extent of the Internet giant’s reach. The article reveals that in 2016, Amazon-owned sites accounted for 43 percent of all online sales within the U.S., followed by a report from Slice Intelligence that discovered more than half of e-commerce growth in the U.S. could be attributed to Amazon.
