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Instagram threatening Amazon with its e-trade plans
TIWN
Instagram threatening Amazon with its e-trade plans
PHOTO : TIWN

San Francisco, June 27 (TIWN) The current dominance in online commerce enjoyed by Amazon could be endangered if Instagram, with its one billion users worldwide, pushes ahead with its plans to enter that space, as its new chief, Adam Mosseri, has said he intends to do.

In his first public interview on the company's future strategy since taking over at Instagram last October, Mosseri told The Financial Times that his plan for the firm is to "connect the dots thoughtfully" among shoppers, sellers and what he called Instagram's huge number of "influencers."

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