Amazon Q2 sales top $30bn
Amazon’s sales for second quarter (Q2) were $30.4bn, up 31% on last year. Operating income was$1.3bn, compared to $464m in 2Q 2015; and net income was $857m, up from $92m.
In a statement issued yesterday to announce the Q2 results, Amazon seemed particularly keen to promote its recent drive in the Indian market.
Amazon founder and CEO Jeff Bezos was quoted as saying: “It’s been a busy few months for Amazon around the world, and particularly in India — where we launched a new AWS Region, introduced Prime with unlimited free shipping, and announced that Prime Video is coming soon, offering Prime members in India exclusive access to Amazon Original Series and Movies — including original content featuring top Indian creators and talent.
“The team in India is inventing at a torrid pace, and we’re very grateful to our Indian customers for their welcoming response.”
As Post&Parcel reported on Monday (26 July), Amazon has just rolled out its Prime service in more than 100 Indian cities – and this was a new initiative that featured prominently in Amazon’s round-up of its quarterly achievements. The online retailer also proudly passed on the news that: “Amazon.in was the most visited e-commerce site and the most downloaded mobile shopping app in India in the second quarter, according to third-party reports.”
The UK has also been at the centre of some important Amazon roll-outs – especially in the last few days. London is the first city outside the US to host the AmazonFresh fast grocery delivery service. Birmingham will reportedly soon have an Amazon Flex crowdsourced delivery model (but this is not official, and so it doesn’t feature on Amazon’s quarterly round-up). The news that has had really excited the UK media is the partnership between Amazon and the UK government to “advance the safe use of drones for small parcel delivery, providing Amazon with permission to trial new methods, including beyond line-of-sight operation” (and this development does feature on the quarterly report sheet).