MARKET WIRE NEWS

You Won't Believe Who's Stealing Market Share From Amazon

Source: Motley Fool

2025-11-24 13:54:00 ET

If you know anything about Amazon (NASDAQ: AMZN) at all, then you know it tends to dominate whatever business it's operating in. It remains North America's e-commerce market leader, for instance, as well as the planet's biggest cloud computing service provider. This persistent leadership is arguably at least part of the reason the market's willing to keep Amazon shares priced at a premium.

Investors are starting to see something they're not accustomed to seeing, though. It's something that might cause them to question Amazon's ability to hold on to its lead within the cloud computing industry.

The crazy part? The competitors chipping away at its cloud market share aren't the ones you might expect.

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DigitalOcean Holdings Inc.

NASDAQ: DOCN

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