The China Mail - Amazon wants to be everything to everyone

USD -
AED 3.673021
AFN 64.500085
ALL 81.04013
AMD 377.570287
ANG 1.79008
AOA 916.999994
ARS 1397.0363
AUD 1.411761
AWG 1.8025
AZN 1.703608
BAM 1.646095
BBD 2.014569
BDT 122.333554
BGN 1.67937
BHD 0.37706
BIF 2955
BMD 1
BND 1.261126
BOB 6.911847
BRL 5.198602
BSD 1.000215
BTN 90.656892
BWP 13.115002
BYN 2.867495
BYR 19600
BZD 2.011792
CAD 1.36276
CDF 2239.999889
CHF 0.769655
CLF 0.021703
CLP 856.959793
CNY 6.90065
CNH 6.899875
COP 3671.49
CRC 487.566753
CUC 1
CUP 26.5
CVE 94.875032
CZK 20.441008
DJF 177.720273
DKK 6.297485
DOP 62.625011
DZD 129.608487
EGP 46.847504
ERN 15
ETB 155.049838
EUR 0.84285
FJD 2.190198
FKP 0.732521
GBP 0.734545
GEL 2.689918
GGP 0.732521
GHS 11.005031
GIP 0.732521
GMD 73.505048
GNF 8779.999507
GTQ 7.671623
GYD 209.274433
HKD 7.816415
HNL 26.505018
HRK 6.350102
HTG 130.97728
HUF 319.496499
IDR 16823
ILS 3.063925
IMP 0.732521
INR 90.598499
IQD 1310.5
IRR 42125.000158
ISK 122.380273
JEP 0.732521
JMD 156.251973
JOD 0.709007
JPY 152.839791
KES 129.000569
KGS 87.450047
KHR 4030.0002
KMF 414.99991
KPW 899.988812
KRW 1440.150231
KWD 0.30671
KYD 0.833596
KZT 494.926752
LAK 21445.000487
LBP 85549.999541
LKR 309.456576
LRD 186.550345
LSL 15.859536
LTL 2.95274
LVL 0.60489
LYD 6.302627
MAD 9.138749
MDL 16.94968
MGA 4429.99998
MKD 51.932021
MMK 2100.304757
MNT 3579.516219
MOP 8.054945
MRU 39.900536
MUR 45.90247
MVR 15.460255
MWK 1736.501794
MXN 17.240225
MYR 3.902498
MZN 63.910195
NAD 15.960282
NGN 1352.320109
NIO 36.715003
NOK 9.53845
NPR 145.04947
NZD 1.658005
OMR 0.384491
PAB 1.000332
PEN 3.35497
PGK 4.298499
PHP 58.090162
PKR 279.600947
PLN 3.553435
PYG 6585.896503
QAR 3.64125
RON 4.291018
RSD 98.911047
RUB 77.223079
RWF 1452.5
SAR 3.750374
SBD 8.048395
SCR 13.452269
SDG 601.510014
SEK 8.92871
SGD 1.26305
SHP 0.750259
SLE 24.250324
SLL 20969.499267
SOS 571.501199
SRD 37.77903
STD 20697.981008
STN 20.95
SVC 8.752299
SYP 11059.574895
SZL 15.859726
THB 31.093501
TJS 9.417602
TMT 3.5
TND 2.83525
TOP 2.40776
TRY 43.647699
TTD 6.776109
TWD 31.448974
TZS 2599.999875
UAH 43.023284
UGX 3540.813621
UYU 38.353905
UZS 12299.999861
VES 388.253525
VND 25960
VUV 119.359605
WST 2.711523
XAF 552.10356
XAG 0.013313
XAU 0.000203
XCD 2.70255
XCG 1.802726
XDR 0.686599
XOF 549.501968
XPF 100.750245
YER 238.403969
ZAR 15.973595
ZMK 9001.200595
ZMW 18.555599
ZWL 321.999592
  • RYCEF

    -0.0600

    16.87

    -0.36%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • BCC

    -1.3500

    88.06

    -1.53%

  • GSK

    -0.1000

    58.39

    -0.17%

  • NGG

    0.9400

    91.58

    +1.03%

  • BP

    -1.5800

    36.97

    -4.27%

  • BCE

    0.0190

    25.669

    +0.07%

  • RIO

    -1.5300

    97.99

    -1.56%

  • BTI

    0.0600

    60.39

    +0.1%

  • CMSC

    0.1000

    23.79

    +0.42%

  • VOD

    -0.1150

    15.565

    -0.74%

  • RELX

    0.4450

    28.175

    +1.58%

  • CMSD

    -0.0500

    24.02

    -0.21%

  • JRI

    -0.0300

    13.1

    -0.23%

  • AZN

    0.0800

    204.84

    +0.04%

Amazon wants to be everything to everyone
Amazon wants to be everything to everyone / Photo: © AFP

Amazon wants to be everything to everyone

Amazon is bolstering its e-commerce empire while continuing a march deeper into people's lives, from robots to healthcare and entertainment.

Text size:

Innovations unveiled in recent days by the Seattle-based tech titan included a delivery van computer system to shave time off deliveries by its speed-obsessed logistics network.

Amazon Stores boss Doug Herrington said that the technology enables vans to recognize stops and signal which packages to drop off.

"When we speed up deliveries, customers shop more," Herrington said.

"For 2024, we're going to have the fastest Prime delivery speeds around the world," he added, referring to Amazon's subscription service.

On top of that, according to Herrington, Amazon last year managed to cut 45 cents off the cost per unit shipped, a huge savings when considering the massive volume of sales.

- Prime is the 'glue' -

Amazon last year recorded profit of more than $30 billion on revenue of $575 billion, powered by its online retail operation and its AWS cloud computing division.

"They have this whole flywheel model with Amazon Prime membership in the middle," said eMarketer analyst Suzy Davidkhanian.

"That's the glue that keeps everything together."

Businesses include retail, advertising, cloud computing and streamed movies and music.

But that very model has the 30-year-old company facing a US government lawsuit, accused of expanding an illegal monopoly and otherwise harming competition.

Amazon makes money from data gathered about consumers, either by targeting ads or through insights into what products they might like, Davidkhanian said.

That was why Amazon paid for expensive rights to stream NFL American football games on Prime Video in a move that promises to help it pinpoint fans of the sport.

Amazon's digital assistant Alexa can order items on command and has been even built into appliances such as washing machines to let them automatically buy supplies like laundry soap as needed.

- A 'pocket pharmacy' -

Amazon showed off enhancements to its virtual health care service called One Medical.

For $9 a month Prime members are promised anytime access to video consultations with health care professionals, along with record keeping and drug prescriptions.

An Amazon Pharmacy takes advantage of the company's delivery network to get prescriptions to patients quickly, striving for speeds of less than 24 hours for 45 percent of customers by the end of next year.

"We're building a pharmacy in your pocket that offers rapid delivery right to your door," Amazon Pharmacy chief Hannah McClellan said, referring to the option of using a smartphone app.

The healthcare market promises to be lucrative for Amazon, which is "trying to be the platform that has everything for everyone," said analyst Davidkhanian.

- Real world wrinkles -

Amazon has suffered setbacks when it comes to brick-and-mortar stores but it continues to strive for a winning strategy.

The company next year will open its first "automated micro warehouse" in Pennsylvania, next to a Whole Foods Market organic grocery shop, the chain it bought in 2017.

People will be able to pick up certain items selected online, with orders filled by robots, after shopping next door for fresh produce and groceries.

Meanwhile, Amazon is ramping up use of artificial intelligence at its online store with tools helping sellers describe and illustrate products.

Product labels will change according to the user, displaying terms likely to catch their attention such as "strawberry flavor" for some and "gluten-free" for others.

"The things that Amazon is doing with AI are to make sure that you go from researching something to making the purchase as quickly as possible," Davidkhanian said.

At the logistics center near Nashville, robotic arms deftly placed packages in carts that autonomously made their way to trucks.

Logistics center automation improves safety and frees up workers for more interesting tasks, according to Amazon robotics manager Julie Mitchell.

However, critics cite delivery speed pressure and other factors as making Amazon warehouses more dangerous than the industry average.

Z.Ma--ThChM