Amazon Now Sees 25% Monthly Order Growth In India
Amazon Now reports 25 per cent month-on-month order growth in India as the company accelerates its quick commerce expansion.
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Amazon Q3 Revenue Beats Expectations, Up 13% To $143.1 Bn
- by BW Retail World Bureau
- October 27, 2023
Amazon posted its third quarter revenue rose beating street estimates. The tech giant revenue increased by 13 per cent to USD 143.1 billion, which is USD 2 billion higher than analyst expectations of USD 141 billion, Reuters reported Amazon’s net income rose to USD 9.9 billion in the third quarter from USD 2.87 billion in […]
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E-commerce & Marketplaces
Expect Short-Term Headwinds To Soften AWS’ Growth Rate: Amazon CEO Andy Jassy
- by BW Retail World Bureau
- April 14, 2023
Amazon CEO Andy Jassy on Thursday said that the cloud arm of the company, Amazon Web Services (AWS), is expected to face short-term headwinds which could impact its growth rate. Jassy said that the growth rate is expected to soften despite AWS growing 29 per cent year-over-year (YoY) in 2022 on a USD 62 billion […]