Sellers sold over 2 billion items worldwide on Amazon in 2014, a record amount. To help put that in perspective, Amazon revealed a year ago that its third-party sellers sold “more than a billion” units worldwide in 2013, cumulatively worth Read more
Amazon grew third-quarter sales 20% to $20.58 billion, making eBay Marketplace’s 7% growth seem anemic by comparison. But Amazon stayed humble thanks to what the Wall Street Journal called its largest quarterly loss in 14 years. The company reported a net loss Read more
Amazon grew sales 23% to $19.34 billion in the second quarter of 2014, or 22% excluding foreign exchange. It experienced a net loss of $126 million, compared with net loss of $7 million in second quarter 2013. The company warned Read more
Once a year, top executives at publicly traded companies take an hour to talk directly to the people who invested money in the firms – shareholders. But Amazon on Wednesday demonstrated its well known obsession for secrecy. Not only did Read more
Amazon showed strong year-over-year growth in the fourth quarter of 2013, but its rate of growth is actually slowing in some key metrics. Take a look at the numbers, and see what analysts had to say. Net sales were up a strong Read more
Amazon CFO Tom Szkutak revealed big news on Thursday – the company will raise the cost of Amazon Prime membership in the U.S. by somewhere between $20 – $40. The current fee is $79 and includes free 2-day shipping, Amazon Read more
