The American multinational technology company based in Seattle, Washington that focuses on E-commerce Major Amazon Most Trusted Among Internet Brands in India, followed by Google and Facebook, according to a recent report by TRA Research. Among 32 Internet brands surveyed, The Indian messaging app Hike ranked fourth, by beating the Facebook-owned Whatsapp, which ranked 10th, said brand intelligence and data insights company’s “Brand Trust Report 2019”.
Indian accommodation service provider and online hotel room aggregator Oyo Rooms was at the fifth position. The online Indian taxi aggregator Ola ranked sixth, way ahead of US-based Uber, which ranked 14th. Online payment service provider Paytm ranked 19th, one place above its global peer PayPal.
The Amazon Most Trusted Among Internet Brands in India Commenting on the report, N. Chandramouli, CEO, TRA, said: “Many Indian Internet start-ups are leaders in their categories, which is no mean feat. The brands focus on creating trust along with profits and growth are the ones that will survive in this business.” The other players in the top 10 were Flipkart, LinkedIn, and Snapdeal, in the seventh, eighth and ninth ranks, respectively.
Amazon is known for its ability to disrupt well-established industries through technological innovation and mass scale. It is the world’s largest e-commerce marketplace, AI assistant provider, and cloud computing platform as measured by revenue and market capitalization. Amazon is the largest Internet company by revenue in the world.