Amazon 3Q sales up 23% to $25.4bn
Amazon has announced that its sales for the third quarter of 2015 were up 23% to $25.4bn. The online giant also posted another profitable quarter: operating income was $406m compared with an operating loss of $544m in Q3 2014.
In an official statement issued yesterday (22 October), Amazon outlined a long list of Q3 “highlights”, which included the bulletised points that: Prime Now was added eight metro areas in the past quarter; Amazon Pantry was launched in Japan and Germany; and Amazon expects to create over 100,000 seasonal positions in North America, and over 40,000 across its European Fulfillment Network this holiday season.
The company also highlighted its progess in India: “In the past year, the number of sellers on the Amazon.in platform has increased more than 250%, and nearly 90% of Indian sellers are using Amazon’s logistics and warehousing services. To serve this growing storage need, Amazon.in has nearly tripled its fulfillment capacity year-over-year.”
Despite its reputation as a money loser, Amazon has now turned a profit in nine of the last 15 quarters.
