Amazon’s Wholesale Slaughter: Jeff Bezos’ $8 Trillion B2B Bet

In recent months global Internet retail behemoth Amazon.com AMZN +1.37% has green-lit six new original TV shows, announced an online streaming deal with HBO and tested same-day grocery delivery on the West Coast.

Up next? Possibly a smartphone. And, if billionaire CEO Jeff Bezos has his way, packages dropped off by unmanned drone.

But there’s one thing Bezos hasn’t been talking about: AmazonSupply, an e-commerce site targeting the unsexy but hugely lucrative wholesale and distribution market. His silence is especially surprising as the site has the potential to turn into the most important development in the company’s history since it started selling books. Yet Bezos has uttered only 28 words in public–ever–about AmazonSupply, describing it in passing as “an incredible category” during the company’s 2012 annual meeting.

More at Forbes

Arianna Huffington on How to ‘Thrive’

Huffington calls for a measurement of success beyond simply money and power. In a recent interview with Wharton management professor Adam M. Grant while she was on campus as a guest lecturer in the Authors@Wharton series, Huffington said the third metric “includes our well-being, our wisdom, our capacity to wonder and bring joy into our lives and our capacity to give. Without these four pillars, life is really reduced to our to-do list.”

Here is the complete article at Knowledge@Wharton

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