E-Commerce Is Here To Stay, Amazon Positioned To Be A Beneficiary, Says Brenda Vingiello

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By Vikash in Technology
Updated 3 years ago

E-commerce is a trend that is here to stay, Sand Hill Global Advisors Chief Information Officer Brenda Vingiello said Friday on CNBC's "Fast Money: Halftime Report." E-commerce still makes up a small percentage of retail sales, so there is plenty of room for growth, Vingiello told CNBC, with Amazon.com, Inc. (NASDAQ: AMZN) as a beneficiary. Vingiello also expects Amazon Web Services and advertising to continue to grow, which will add to the company's profitability.

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