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Amazon breaks all records in Q2, with high growth in AWS, Prime, advertising

Friday 27 July 2018 | 15:21 CET | Author: Tim Poulus | Background
Amazon's long-term strategy is paying off, based on its Q2 results. With its relentless focus on low prices and cash flow, Amazon has grown to a share of 5 percent of the entire US retail market and 49 percent of the e-commerce market (source: eMarketer). It's also showing high growth in more diversified activities: AWS (49%), Prime (55%) and advertising (129%). Physical shops will soon start to add to this, after the takeover of Whole Foods in the US. The expansion continues with more data centres, distribution centres, consumer hardware, artificial intelligence, voice-controlled interfaces

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Categories: Internet
Companies: Amazon
Countries: World
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