Amazon Stays Ahead of the Pack
This video is part of our "Motley Fool Conversations" series, in which technology and media editor/analyst Andrew Tonner and consumer goods editor/analyst Austin Smith discuss topics across the investing world.
No other company dominates online shopping like e-commerce giant Amazon.com. And while the company's spending has drawn sharp criticism from some parties, the company clearly has an eye for investing and growing over the long term by building out platforms like its streaming, tablet, and cloud services.
In a similar move, Amazon recently announced that it intends to invest in making its supply chain more efficient by purchasing robot maker Kiva Systems. In this video, Andrew discusses the move's implications for Amazon and the wider e-commerce sphere.
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At the time this article was published Andrew Tonner and Austin Smith have no positions in the stocks mentioned above. The Motley Fool owns shares of Amazon.com, Costco Wholesale, and Wal-Mart Stores.Motley Fool newsletter services recommendAmazon.com, Costco Wholesale, Netflix, Rackspace Hosting, and Wal-Mart Stores. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.