Wednesday, May 21, 2014
Amazon CEO Jeff Bezos' $8 Trillion B2B Bet
AmazonSupply chief Prentis Wilson. Photo: Rick Dahms for Forbes
In recent months global Internet retail behemoth
Amazon.com
has green-lit six new original TV shows, announced an online streaming deal with HBO and tested same-day grocery delivery on the West Coast.Forget the delivery drones and TV deals.
Jeff Bezos’
stealthy foray into the unsexy world of B2B distribution is likely his most disruptive move yet — and it has an $8 trillion swath of the economy running scared.
Up next? Possibly a smartphone. And, if billionaire CEO Jeff Bezos has his way, packages dropped off by unmanned drone.
But there’s one thing Bezos hasn’t been talking about: AmazonSupply, an e-commerce site targeting the unsexy but hugely lucrative wholesale and distribution market. His silence is especially surprising as the site has the potential to turn into the most important development in the company’s history since it started selling books. Yet Bezos has uttered only 28 words in public–ever–about AmazonSupply, describing it in passing as “an incredible category” during the company’s 2012 annual meeting.
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