From 2004 to 2024, the net revenue of Amazon e-commerce and service sales has increased tremendously. In the fiscal year ending December 31, the multinational e-commerce company's net revenue was almost 638 billion U.S. dollars, up from 575 billion U.S. dollars in 2023.Amazon.com, a U.S. e-commerce company originally founded in 1994, is the world’s largest online retailer of books, clothing, electronics, music, and many more goods. As of 2024, the company generates the majority of it's net revenues through online retail product sales, followed by third-party retail seller services, cloud computing services, and retail subscription services including Amazon Prime. From seller to digital environment Through Amazon, consumers are able to purchase goods at a rather discounted price from both small and large companies as well as from other users. Both new and used goods are sold on the website. Due to the wide variety of goods available at prices which often undercut local brick-and-mortar retail offerings, Amazon has dominated the retailer market. As of 2024, Amazon’s brand worth amounts to over 185 billion U.S. dollars, topping the likes of companies such as Walmart, Ikea, as well as digital competitors Alibaba and eBay. One of Amazon's first forays into the world of hardware was its e-reader Kindle, one of the most popular e-book readers worldwide. More recently, Amazon has also released several series of own-branded products and a voice-controlled virtual assistant, Alexa. Headquartered in North America Due to its location, Amazon offers more services in North America than worldwide. As a result, the majority of the company’s net revenue in 2023 was actually earned in the United States, Canada, and Mexico. In 2023, approximately 353 billion U.S. dollars was earned in North America compared to only roughly 131 billion U.S. dollars internationally.
In 2024, Amazon's total consolidated net sales revenue amounted to 638 billion U.S. dollars, 143 billion U.S. dollars of which were generated through international revenue channels. North America was the biggest operations segment, accumulating nearly 388 billion U.S. dollars in net sales during the year. Sales activities Amazon appeals because it sells a wide range of products. Its departments include beauty, clothing, electronics, games and even wine, along with digital products and subscription services. In 2022, Amazon's largest revenue segment was online retail product sales with roughly 220 billion U.S. dollars in global net sales. Retail third-party seller services ranked second with nearly 118 billion U.S. dollars in sales. A weak spot Faster and more efficient delivery services come with a price. Data from the company's financial reports showed that Amazon's worldwide shipping costs amounted to a staggering 83.5 billion U.S. dollars, up from 76.7 billion U.S. dollars in 2021. Amazon's annual fulfillment expenses have also risen steadily, from 75.1 billion U.S. dollars in 2021 to over 84 billion U.S. dollars in 2022.
In 2024, Amazon's net revenue from subscription services segment amounted to 44.37 billion U.S. dollars. Subscription services include Amazon Prime, for which Amazon reported 200 million paying members worldwide at the end of 2020. The AWS category generated 107.56 billion U.S. dollars in annual sales. During the most recently reported fiscal year, the company’s net revenue amounted to 638 billion U.S. dollars. Amazon revenue segments Amazon is one of the biggest online companies worldwide. In 2019, the company’s revenue increased by 21 percent, compared to Google’s revenue growth during the same fiscal period, which was just 18 percent. The majority of Amazon’s net sales are generated through its North American business segment, which accounted for 236.3 billion U.S. dollars in 2020. The United States are the company’s leading market, followed by Germany and the United Kingdom. Business segment: Amazon Web Services Amazon Web Services, commonly referred to as AWS, is one of the strongest-growing business segments of Amazon. AWS is a cloud computing service that provides individuals, companies and governments with a wide range of computing, networking, storage, database, analytics and application services, among many others. As of the third quarter of 2020, AWS accounted for approximately 32 percent of the global cloud infrastructure services vendor market.
The online revenue of amazon.se amounted to US$128.2m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
The online revenue of amazon.eg amounted to US$251.4m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
The online revenue of amazon.com.mx amounted to US$4,017.3m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
The online revenue of amazon.com.tr amounted to US$558.6m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
The online revenue of amazon.com.br amounted to US$3,477.1m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
The online revenue of amazon.ae amounted to US$750.7m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
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Amazon made $35.22 billion from memberships and subscriptions in 2022.
The online revenue of amazon.fr amounted to US$7,177.6m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
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Prime Day sales on Amazon reached a massive $12.9 billion in 2023.
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Amazon.com's annual revenue was $637.96B in fiscal year 2024. The annual revenue increased $63.17B from $574.79B (in 2023) to $637.96B (in 2024), representing a 10.99% year-over-year growth.
The online revenue of amazon.ca amounted to US$14,615.3m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
The online revenue of amazon.co.jp amounted to US$13,359.9m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
The online revenue of amazon.com.be amounted to US$614m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
The online revenue of amazon.sg amounted to US$233.3m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
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I roundup the latest Amazon Prime statistics which show just how big Amazon Prime has become and will continue to be.
The online revenue of amazon.sa amounted to US$396.8m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
The online revenue of amazon.de amounted to US$17,873.4m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
From 2004 to 2024, the net revenue of Amazon e-commerce and service sales has increased tremendously. In the fiscal year ending December 31, the multinational e-commerce company's net revenue was almost 638 billion U.S. dollars, up from 575 billion U.S. dollars in 2023.Amazon.com, a U.S. e-commerce company originally founded in 1994, is the world’s largest online retailer of books, clothing, electronics, music, and many more goods. As of 2024, the company generates the majority of it's net revenues through online retail product sales, followed by third-party retail seller services, cloud computing services, and retail subscription services including Amazon Prime. From seller to digital environment Through Amazon, consumers are able to purchase goods at a rather discounted price from both small and large companies as well as from other users. Both new and used goods are sold on the website. Due to the wide variety of goods available at prices which often undercut local brick-and-mortar retail offerings, Amazon has dominated the retailer market. As of 2024, Amazon’s brand worth amounts to over 185 billion U.S. dollars, topping the likes of companies such as Walmart, Ikea, as well as digital competitors Alibaba and eBay. One of Amazon's first forays into the world of hardware was its e-reader Kindle, one of the most popular e-book readers worldwide. More recently, Amazon has also released several series of own-branded products and a voice-controlled virtual assistant, Alexa. Headquartered in North America Due to its location, Amazon offers more services in North America than worldwide. As a result, the majority of the company’s net revenue in 2023 was actually earned in the United States, Canada, and Mexico. In 2023, approximately 353 billion U.S. dollars was earned in North America compared to only roughly 131 billion U.S. dollars internationally.