Ecommerce Industry News
Amazon held its shareholders’ meeting on Wednesday in Seattle, and as Lydia DePillis pointed out in her preview report for CNN on Tuesday, there was a lot on the table, for a change. (“For the […]
Amazon.com grew first quarter sales 17% to $59.7 billion, it announced Thursday. Excerpt of press release follows (see link below for full release with tables and guidance): Amazon.com, Inc. today announced financial results for its […]
Amazon released earnings on Thursday, and there were some takeaways about third-party merchant sales, changes in seller fees, Amazon delivery, advertising, and upcoming investment in fulfillment center capacity. Amazon grew 2018 fourth quarter sales 20% […]
In an apparent fit of braggadocio, a former executive seems to have revealed Amazon GMV, reporter Shira Ovide noted. An interesting mention of gross merchandise volume — a metric that Amazon does not disclose. pic.twitter.com/uMPyocRj6U […]
Amazon grew net sales 29% to $56.6 billion in the third quarter, compared with $43.7 billion in third quarter 2017. Excluding the $260 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the […]
Amazon grew net sales 39% to $52.9 billion in the second quarter of 2018 compared with Q2-2017, or 37% excluding effects of foreign exchange (currency). The numbers reflect all units including its AWS web-hosting business. […]
Amazon called its advertising business a bright spot from both a product standpoint and also financially. Amazon Chief Financial Officer Brian Olsavsky made the remark when talking to analysts after reporting the company’s first-quarter performance […]
UPDATE 5:30 pm: Amazon raises cost of Prime membership in US from $99 to $119. Amazon.com Inc. grew net sales 43% to $51 billion in the first quarter of 2018 compared with $35.7 billion in first […]
Amazon grew sales 36 percent in the fourth quarter of 2017 on a foreign-exchange neutral basis (that number includes all of its businesses including its AWS web-hosting business, of course). It was a profitable quarter […]
Amazon announced today its third-quarter sales (July, August, September) grew 34% year-over-year to $43.7 billion. Excluding Whole Foods Market and the impact from foreign exchange rates, net sales increased 29% compared with third quarter 2016. […]