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Among large enterprises, Microsoft is even closer to Amazon with 43 percent of respondents saying they use Azure in some way, to 59 percent for AWS. Obviously, these numbers exceed 100 percent, but many enterprises use multiple cloud providers.

Amazon’s appetite for hiring employees is showing no signs of slowing down.

Amazon’s quest to become a powerhouse in brick-and-mortar retail continues, with the company opening new book stores in Bellevue, Washington and San Jose, California this week. The opening of the stores brings the number of Amazon bookstores to 10 across the country. The company first made its mark in physical bookstores in 2015 with the opening of a store in Seattle’s University Village shopping mall.

Among the developments, Chinese consumers are now much quicker to make purchases online, notably through China's main social network WeChat.

Amazon’s rise is due in part to its investment in original content. Award-winning shows like “Transparent,” “Man in the High Castle,” and “Mozart in the Jungle” have helped Amazon Video quickly become a competitor in the video streaming space. The model was pioneered by Netflix, with original series like “House of Cards” and “Orange is the New Black.” Amazon said it planned to double spending on original shows in the second half of this year compared to the same period last year.