Topic

#Amazon Web Services

Every story tagged #Amazon Web Services on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

E-Tailing

Nov 1, 20182 min read

Amazon reports US$ 56.6 bn revenue in Q3

Riding on its Cloud business, retail giant Amazon.com saw its net sales increasing 29 percent to US$ 56.6 billion in the third quarter this year, compared with US$ 43.7 billion in third quarter of 2017. Operating income increased to US$ 3.7 billion in the…

E-Tailing

May 6, 20162 min read

Amazon Q1 profits surge

E-commerce giant Amazon.com posted its fourth straight profitable quarter, boosted by a 28 per cent sales increase and a surging growth in its Amazon Web Services division. Amazon reported a net income of $513 million for the first quarter, or $1.07 per…