Amazon reports Q4 revenues up 38.5% to $60.5bn

Amazon reports Q4 revenues up 38.5% to $60.5bn

Amazon has reported that its net sales for the fourth quarter (Q4) of 2107 were $60.5bn, up 38% on last year, while operating income was up 69% at $2.1bn.

For the full year, net sales were up 31% at $177.9bn but operating income dropped 2% to $4.1bn.

In a statement issued yesterday (1 February), Amazon said that more than five billion items shipped with Prime worldwide. The company also said that “more new paid members joined Prime in 2017 than any previous year — both worldwide and in the US” – but declined to give actual numbers on this.

The Amazon statement listed a plethora of “highlights” for 2017, which included:

  • the expansion of the Amazon Prime service to Singapore, the Netherlands and Luxembourg
  • the launch of the Amazon marketplace in Australia
  • the opening of the Amazon Go “checkout-free shopping experience” in Seattle.

 

Relevant Directory Listings

Listing image

Retail Robotics

RETAIL ROBOTICS Retail Robotics (RR) is a business technology company that manufactures and delivers robotic parcel lockers to the post and parcel industry – solutions which are transforming the last mile delivery service through the power of automation and convenience. The company is a market […]

Find out more

Other Directory Listings

News Archive

Advertisement

Advertisement

MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

P&P Poll

Loading

Which PUDO technology supplier is most familiar to you?

Thank you for voting
You have already voted on this poll!
Please select an option!






Pin It on Pinterest

Share This