Could This Be Amazon's Next Big Growth Driver?
With $419 billion in revenue over the trailing 12 months and year-over-year sales growth exceeding 43% last quarter, Amazon (NASDAQ: AMZN) is dominating e-commerce markets across the globe. The really good part is that the online shopping and cloud computing giant should be able to keep delivering such high rates of growth in the long run by tapping fast-growing niches.
One such lucrative area is India's online fashion and apparel market, which is still in its infancy. Let's see how this space could move the needle for Amazon in the long run.
Image source: Getty Images
Source Fool.com
