Munster further explained: "In the user base, Target focus on housewives, and this is exactlyAmazonThe key to winning market share in consumer spending. "
Munster also said that Amazon has been actively expanding its family business, such as video content designed specifically for children. In addition, after acquiring Target, the number of Amazon's stores will increase to about 2,300. This helps Amazon better compete with Wal-Mart, which has nearly 12,000 stores.
Last June, Amazon also announced that it would acquire Whole Foods for $ 42 a share in cash for a total transaction of about $ 13.7 billion.
Munster said: "In terms of physical retail stores, Amazon acquired 470 stores in the Whole Foods Supermarket and also tested Amazon Go's concept of unattended retail, all of which show that Amazon has realized that the future of retail is the bulk of the line Upper and lower part of the line. "