Martin Armstrong – Statista graphic: “Amazon is, and has been for some time, an e-commerce behemoth. No company, not even Asian counterpart Alibaba, can come anywhere near the power, presence and sheer money making ability of Jeff Bezos’ retail monster. In 2017, it posted net revenue of $177 billion (Alibaba made approximately $23 billion), and according to Bloomberg Intelligence Analysis forecasts, this will have translated to about $330 billion in gross revenue. Looking ahead, Bloomberg expects Amazon, driven in part by the international expansion of Prime, to break the trillion dollar barrier in gross revenue in 2025. Passing the landmark would only essentially be symbolic, but would nevertheless be an astounding achievement – and a worrying one to have on the horizon for most other retailers still operating today…”