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Amazon's ad business outpaced Google's and Facebook's growth every quarter for the past three years. It's still smaller, but Amazon is not competing with retailers for advertising dollars - it is going after Google and Facebook.

Amazon's growth is slowing, but so has the overall e-commerce sector. Its sales are still in-line with the pre-pandemic trendline.

80-90% of search results on Walmart ship from its warehouses. Over the past few years, Walmart has pushed its third-party sellers to offload fulfillment to Walmart.

Temu is the most-downloaded shopping app in the U.S. It is the latest shopping app, launched by China's Pinduoduo in early September to bring China-made goods to Western consumers.

Amazon launched in Belgium on October 18th. The marketplace is Amazon's tenth active marketplace in Europe and brings the total number of countries to 21.

Ten years ago, Amazon was more popular than eBay only in the U.S. It has since dethroned eBay around the world, and Australia is the last remaining country to fall.

The largest eBay sellers have each sold tens of millions of items. And despite eBay struggling to grow over the past few years, those sellers still run massive businesses.

Most Amazon sellers are based in Brooklyn. The city has double the number of sellers as the second most common city, New York.

Funding for Amazon aggregators is down over 80% in 2022. However, much of the previously committed capital is yet to be deployed. Thus, despite little new funding, acquisitions have not stopped.

DTC brands can now buy ads on Amazon that will drive traffic to the brand's website. The customer journey is convoluted but hints at Amazon's bigger ambitions to become a discovery platform for DTC brands.