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Here's where Amazon's next multi-billion dollar business will come from

Dec 7, 2016, 23:28 IST

Michael Seto/Business Insider

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On Wednesday, RBC Capital Markets analyst Mark Mahaney gave a presentation at Business Insider's IGNITION conference about Amazon's biggest future opportunities.

Mahaney pointed out the three big pillars of Amazon's business - Marketplace, Prime, and AWS - are in good position and will continue to drive the company's growth. On top of that, he said the fourth pillar could potentially come from the following areas: business supplies, groceries, shipping logistics, and artificial intelligence/virtual reality (AI/VR).

Mahaney has been covering internet stocks since 1998, and is consistently rated as one of the top tech analysts.

Here's the full presentation deck he used to outline his predictions for what's next for Amazon:

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