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% to $72.4 billion. Sales for Read more
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 — Shira Ovide (@ShiraOvide) November Read more
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 quarter, net sales increased 30% Read more
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. It showed a profit (net Read more
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 on Thursday. Olsavsky called advertising Read more
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 quarter 2017. The numbers reflect Read more
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 for the company: net income Read more
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. Excerpt of press release follows: Read more
Amazon.com announced today its second-quarter sales rose 25% to $38 billion. Net income was $197 million in the second quarter compared with net income of $857 million in second quarter 2016. Press release follows: Amazon.com, Inc. today announced financial results Read more
Amazon grew sales 31% to $30.4 billion in the second quarter of 2016, it announced on Thursday. It also reported a profit, revealing net income of $857 million for the quarter. And based on its report, it’s clear third-party sellers Read more
