Ecommerce Industry News
Amazon CEO Andy Jassy attended his first earnings call on Thursday after replacing founder Jeff Bezos as chief executive in the summer of 2021. Don’t get used to it, but Jassy said he would attend […]
Amazon’s Board of Directors approved a 20-for-1 split of the company’s common stock, subject to shareholder approval at the annual meeting scheduled for May 25. CNN said shareholder stakes would still be worth the same, […]
Amazon grew net sales by 9% in the fourth quarter of 2021. In North America, sales grew 9%, while internationally, net sales fell by 1%. Note that 60% of net sales come from North America; […]
Amazon grew North American sales 10% in the third quarter year-over-year. It grew International sales 16% in the quarter for a total sales growth of 12% (not including its AWS technology division, which grew 39% […]
Amazon net sales increased 27% to $113.1 billion in the second quarter, year-over-year, and 24% excluding the $2.5 billion favorable impact from year-over-year changes in foreign exchange rates. Net income increased to $7.8 billion in […]
Amazon shareholders will vote on a matter relating to the company’s use of packaging materials at this year’s annual meeting on May 26. Shareholder advocacy firm As You Sow submitted a proposal requesting shareholders vote […]
Amazon grew total sales 44% in the first three months of 2021 for its entire business, including the Amazon Marketplace. Sellers accounted for 55% of Amazon worldwide paid units (excluding Whole Foods Market). In Thursday’s […]
Amazon grew sales by 40% in North America in the 4th quarter of 2020, 57% internationally, and its AWS division grew 28%, for consolidated sales growth of 44% (or 42% currency neutral). Amazon announced financial […]
Amazon announced third-quarter results today. Total net sales increased 37% to $96.1 billion in the third quarter, compared with $70.0 billion in third quarter 2019. BNN Bloomberg journalist Jon Erlichman tweeted an interesting chart showing […]
Amazon.com grew sales 24% to $70 billion in the third quarter of 2019, the company announced today. Of interest to sellers, it included in third-quarter highlights the following: “Since the beginning of the year, Amazon […]