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Among the brands with the biggest year-over-year value changes, sports apparel company Adidas was tops with a 58-percent increase. But Amazon was singled out as “the brand that virtually invented e-commerce and disrupted retail” as the report said that the tech giant “is aiming to disrupt other categories, including cars and technologies associated with the cloud or the Internet of Things.”

Amazon’s Jeff Wilke wows crowd with insights into influential tech company in exclusive GeekWire Summit appearance

Amazon’s big new business

Amina said Kenya has placed science, research and innovation at the heart of socio-economic development, adding that the collaboration between the ministry and CAS constitutes a core strand in delivering the Kenya's priorities.

Amazon’s growth in physical retail raises natural concerns among many of the same traditional retailers whose businesses have been undercut by the company’s online domination. In a special report on the company from this past March, The Economist?cites the possibility of new regulatory scrutiny?for the company in the future. “If Amazon does become a utility for commerce, the calls will grow for it to be regulated as one,” the magazine concludes. “Shareholders are right to believe in Amazon’s potential. But success will bring it into conflict with an even stronger beast: government.”