 | February 6, 2021 |
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| Jeff Bezos' stepping down comes on the heels of Amazon's biggest online sales quarter ever. |
The Amazon founder will be stepping down as CEO in Q3 and handing the reins over to Andy Jassy, who leads the Amazon Web Services team and joined the firm in 1997.
His announcement comes on the heels of Amazon's biggest online sales quarter ever, driven by Prime Day and the ecommerce-heavy holiday season.
However, Bezos is leaving Jassy to contend with some challenges, including antitrust scrutiny, union talks among workers, and growing retail competition.
Insider Intelligence's Adriana Nunez has the full story. |
 | BRIEFING HIGHLIGHTS |
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 | | Insurance Technology Spend Forecast | | Insider Intelligence highlights the short-term factors that inhibited incumbents' IT/tech spend from Q1 2019 to year end (YE) 2020 and the longer-term drivers of tech spend growth in the key insurance markets of the US, the UK, and Canada. | | Get the full report → |
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 | | US Mobile Wallets in 2020 and Beyond Report | | Insider Intelligence sizes the mobile payments market and identifies what's driving growth across m-commerce, mobile P2P, and mobile proximity payments. The report identifies the core players at the forefront of the space and examines their path to achieving primary wallet status based on their usage, key features, market positioning, and competitive standing. | | Get the full report → |
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