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Forbes

Amazon's Slow Burn In Australia Is Still On Pace To Heat Up

Amazon's Slow Burn In Australia Is Still On Pace To Heat Up

Bain & Company is bullish on Amazon’s entry into the Australian market, says that Amazon.com.au could become Australia’s sixth-largest retailer, with sales of between $8 billion and $10 billion, by 2022.

  • agosto 07, 2018
  • min read

Forbes

Amazon's Slow Burn In Australia Is Still On Pace To Heat Up

Bain & Company is bullish on Amazon’s entry into the Australian market, says that Amazon.com.au could become Australia’s sixth-largest retailer, with sales of between $8 billion and $10 billion, by 2022.

"It's still very early days," said Melanie Sanders, a partner with Bain & Company, to The Australian Financial Review. "Analysts only forecast out for a year but that's not a long enough horizon to be looking at the Amazon impact. They're doing everything we expected them to do and in some cases a lot quicker than we expected."

Read full article on Forbes here.