Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We use cookies to personalise your experience; learn more in our Privacy and Cookie Policy. You can opt out of some cookies by adjusting your browser settings; see the cookie policy for details. By using this site, you agree to our use of cookies.

Sales surge at Amazon

Total net sales at Amazon rose 21% to $87.4bn (£66.6bn) for the three months to 31 December as the online giant increased its investment in faster shipping over the Christmas period.

Operating profit increased to $3.9bn (£3bn) in the period, up from $3.8bn (£2.9bn) the previous year. 

For the year, sales were up by 20% at $280.5bn (£210.8bn) with profits 15% higher at $11.6bn (£8.7bn). 

“We’ve made Prime delivery faster – the number of items delivered to US customers with Prime’s free one-day and same-day delivery more than quadrupled this quarter compared to last year,” said Jeff Bezos, Amazon founder and CEO.

Bezos also said customers had responded to improvements in its Prime loyalty club offer, with more people signing up as Prime subscribers over the quarter than ever before. The total number is now 150 milion globally - up 50% on the last figure provided by Amazon in 2018.  



Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.