For the first time in almost a decade, online retail platform Amazon reported a net loss of *** billion U.S. dollars in 2022. After that, in the fiscal year ending December 31st 2024, the net income amounted to **** billion U.S. dollars. Amazon Web Services Amazon does not rely on retailing alone to generate profits. Its cloud business, AWS, is the one segment raking in steady profits with a **** billion U.S. dollar operating income in the most recently reported year. The annual revenue of the business segment came to **** billion U.S. dollars in 2023. As of the fourth quarter 2023, Amazon Web Services accounted for ** percent of the global cloud infrastructure service market. Amazon’s other businessesDue to the company’s financial resources, Amazon has the capability to invest in new products and markets, such as online and offline grocery sales. In June 2017, Amazon purchased grocery retailer Whole Foods Market for **** billion U.S. dollars, the company’s most expensive acquisition by far. This acquisition was primarily a move to expand the company's online grocery business, one of the fastest growing online shopping trends in the United States.

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 *** billion U.S. dollars, up from *** 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 *** 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 *** billion U.S. dollars was earned in North America compared to only roughly *** billion U.S. dollars internationally.

During the first quarter 2025, Amazon generated total net sales of nearly *** billion U.S. dollars, surpassing the *** billion U.S. dollars in the same quarter of 2024. From books to billions Launched in 1995 in the United States as an online bookshop, Amazon has since grown into an international e-commerce giant. In April 2023 worldwide visits to amazon.com amounted to over *** billion considering both desktop and mobile traffic. Prime time in the U.S. Although a global company, Amazon truly thrives in the United States where the company is the leading e-commerce platform by sales value. In the North American country, the number of subscribers using Amazon Prime services has been growing steadily over the last several years and is forecast to reach new heights in 2024.

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.

Since its launch, Amazon Business has generated increasing sales numbers. The value of its total revenue amounted to *** billion U.S. dollars in 2019. By 2025, the online marketplace might reach a total revenue of **** billion U.S. dollars.

In 2024, Amazon's total consolidated net sales revenue amounted to *** billion U.S. dollars, *** billion U.S. dollars of which were generated through international revenue channels. North America was the biggest operations segment, accumulating nearly *** 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 *** billion U.S. dollars in global net sales. Retail third-party seller services ranked second with nearly *** 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 **** billion U.S. dollars, up from **** billion U.S. dollars in 2021. Amazon's annual fulfillment expenses have also risen steadily, from **** billion U.S. dollars in 2021 to over ** billion U.S. dollars in 2022.

In the first quarter of 2025, Amazon.com saw a nine percent increase in global net revenue across online stores when compared to the first quarter of the prior year. In terms of profitability, the online stores segment was followed by retail third-party seller services, with net revenues of 36.5 billion U.S. dollars. Incessant growth Amazon.com, world’s leading online retailing company based in the United States, enjoyed unprecedented growth in net revenues in 2020 and 2021, also because of the coronavirus pandemic lockdown. This growth was again repeated in the annual net sales across different global markets, with the United States being the most prominent one. Not just retail In addition to offering a plethora of goods such as books, clothing, electronics, household items, and many more, Amazon.com also provides subscription services to its customers which gives access to additional perks like free shipping, discounts, and Amazon Prime Video . The latter, the company’s video-on-demand service, has increasing popularity among internet users.

A 2024 survey found that two product categories on Amazon ranked as the most profitable for sellers worldwide. This was the beauty and personal care category, along with the home and kitchen category. Clothing, shoes, and jewelry followed, with 27 percent of sellers.

In the first quarter 2025, Amazon's net income amounted to roughly 17 billion U.S. dollars, down from the previous quarter.

In 2024, the annual operating income of Amazon’s Web Services (AWS) business amounted to approximately 24.9 billion U.S. dollars, up from the previous year. Despite being primarily known as an online retailer, the company's cloud business AWS generated the most operating profit out of all the key operations segments. Being one of the main cloud providers, AWS counts several big tech groups among its spenders – from Netflix to Adobe, and from Sony to X. Amazon’s most challenging business As figures on annual operating income show, Amazon reported negative profit in the international segment over the last three financial years. According to the company itself, this is mainly related to the higher financial risks that running a business brings internationally. Outside of North America, Amazon must comply with multiple government regulations and legal systems, compete with other players, and manage logistics operations where transport infrastructure is still lacking. Amazon’s issues in India Together with China, India is one of the most challenging markets for Amazon. Here, Amazon’s revenue has increased to nearly 222 billion Indian rupees – roughly 2.6 billion U.S. dollars. The consumer base has grown, and Amazon has managed to outdo other competitors in the Indian market. However, the activity of e-commerce giant has been under the scrutiny of institutions and trade unions due to the poor conditions of warehouse workers in Amazon’s facilities.

After years of negative loss, Amazon EU S.à r.l. reported a profit worth 281.16 million euros in 2023. Amazon's European division is headquartered and registered in Luxembourg since 8 June, 2004, with registered branches in France, Germany, Italy, Spain and the United Kingdom. Amazon started out as an online store in these countries, but currently also feature Amazon Prime.

With 438 billion U.S. dollars in net sales, the United States were Amazon’s biggest market in 2024. Germany was ranked second with 41 billion U.S. dollars, ahead of the UK with 37.9 billion U.S. dollars. Biggest internet company Founded in 1994, Amazon has grown into one of the biggest e-commerce marketplaces and cloud computing platforms worldwide. In 2020, Amazon was ranked first in terms of company revenue among global publicly traded internet companies. With an annual revenue of approximately 386 billion U.S. dollars, the e-retailer ranked far ahead of closest competitors Google (181.7 billion U.S. dollars) and Alibaba (109.5 billion U.S. dollars). Amazon shopping Amazon is the leading e-retailer in the United States. In September 2021, 65 percent of Amazon customers in the United States held a membership with the company’s subscription service Amazon Prime, benefitting from free 2-day shipping, music and video streaming and exclusive offers and deals. Amazon Prime members are very engaged shoppers: a June 2021 survey found that over four in ten of them were likely to shop not just during Prime days, but also during other retail events, with 56 percent of them showing interest for Cyber Monday.

In 2024, Amazon Web Services (AWS) generated ****** billion US dollars with its cloud services. From 2013 until today, the annual revenue of AWS cloud computing and hosting solutions continually increased.

Amazon—additional information Amazon.com went online in 1995, initially as a book store, and achieved almost immediate success. In 1998, the store expanded to include a music and video store and different other products, such as apparel and consumer electronics, in the following years. The company is the undisputed leader of the e-retail market in the United States, ranking ahead of walmart.com and apple.com in terms of revenue. Amazon Web Services In 2006, AWS launched as a cloud computing platform to provide online services. Amazon Elastic Compute Cloud and Amazon S3, which provide large virtual computing capacity, are the most well-known of these services. The company has dozens of locations in ** different regions across the world and is continually expanding its global infrastructure to ensure low latency through proximity to the user. From these data centers, Amazon is offering more than *** fully featured services to its global customer base. Video streaming service Netflix is one of AWS’s largest customers, using Amazon’s services to store their content on servers throughout the world. Among its more than *********** active users, AWS also lists other well-known organizations from various industries, such as Disney, the UK Ministry of Justice, Kellogg’s, Guardian News and Media, and the European Space Agency.

In 2024, Amazon generated approximately **** billion U.S. dollars in revenue in Germany. The company's global revenue grew by around **** billion U.S. dollars between 2023 and 2024. Revenue in Germany saw a decrease from 2021 to 2022, but 2024 saw the highest figure to date. Amazon in Europe Amazon’s expansion from the U.S. to Europe began in the late 1990s, with the launch of its UK and German websites. The company strategically entered European markets to tap into the growing e-commerce demand. By localizing its services, building logistics networks, and expanding its product offerings, Amazon solidified its presence in Europe and has become the leading online marketplace in Europe. As of 2023, Amazon's fulfillment service packaged and delivered ** percent of goods sold in Germany. Online shoppers in Germany The convenience of online shopping has led to a steady year-on-year increase in the number of people using e-commerce for everything from clothing to groceries, with projections estimating nearly ** million users in Germany by 2029. This growth is primarily driven by younger consumers and the working population, who are attracted to time-saving features like fast delivery and click-and-collect services, making it easier to balance shopping with busy work schedules.

In 2023, Amazon EU S.à r.l. had a revenue of over ** billion euros, down from the previous year. Amazon's European division is headquartered and registered in Luxembourg, since June 8, 2004, with registered branches in France, Germany, Italy, Spain and the United Kingdom. Amazon started out as an online store in these countries, but currently also feature Amazon Prime. How big is e-commerce in Europe? The United Kingdom, Germany, and France were the three European countries with the highest e-commerce penetration in 2022. British consumers also had the highest annual e-commerce expenditure per capita at slightly over 1,000 euros, doubling the online spending of Polish online consumers. European consumers and cross-border e-commerce After the UK, online shoppers from Germany generated the second-highest cross-border e-commerce revenue, with over ** billion euros in 2020. In the considered year, the value of revenue from cross-border e-commerce neared *** billion euros in the leading 16 European markets, while further projections estimate that this figure could grow to *** billion euros by 2022.

A 2024 survey conducted worldwide among Amazon small- and medium-sized businesses (SMB) sellers shows the margin of profit they are achieving. A quarter of the business have less than five percent or no profit at all, while only around one percent of the sellers show significant profits between 50 and 100 percent.

amazon.com is one of the largest e-commerce retailers by online revenue in the world. In 2023, the marketplace' net revenue reached nearly ******* million U.S. dollars. The revenue on ecommerceDB does not include income from subscription services and provisions for third party sales and fulfillment.

In the first quarter of 2025, AWS generated cloud computing and hosting revenues of approximately 29 billion U.S. dollars. Amazon Services Amazon is the one of the leading online retailers worldwide and the leading e-retailer in the United States. In 2024, net sales amounted to over 574 billion U.S. dollars, up from 514 billion U.S. dollars in the previous year. Amazon is the world’s largest online retailer of books, clothing, electronics, music, and many other consumer products. The company is also the producer of the world’s most famous e-book reader, the Amazon Kindle. The vast majority of Amazon’s revenues are generated through the sales of electronics and other products, followed by third-party seller services and AWS. Although primarily active in the B2C market, Amazon also enables third-party sellers to trade their products as well as providing technology infrastructure services (Amazon Web Services, AWS) to businesses. As of the second quarter of 2024, more than half of paid units were sold by third-party sellers. Amazon Web Services includes cloud computing and hosting services, which is a growing sector of online enterprise services. AWS is one of the most popular public cloud platform and infrastructure services worldwide, with 76 percent of respondents from a global survey indicating that they were already running apps on the platform. Other popular cloud services providers include Microsoft with Azure, Google, Oracle, and IBM.

In 2023, Amazon achieved ** percent year-over-year net sales revenue growth whereas eBay's year-over-year revenue increased by ***** percent. The two e-commerce giants are direct competitors in the U.S. online shopping landscape. In 2015, online payment provider PayPal split from eBay to become an independent company, which had an effect on eBay’s overall revenue development. Notable success stories Both eBay (launched 1995) and Amazon (launched 1994) are online shopping websites that are notable success stories of the dot-com bubble in the United States. Whereas eBay is primarily known as an online auction platform and Amazon as an online retailer, both platforms offer first- and third-party online sales. Third-party online sales usually refer to marketplace sales on a digital sales platform. Third-party online sales usually refer to marketplace sales on a digital sales platform. In the first quarter of 2022, Amazon’s net sales generated through its third-party seller services reached more than ** billion U.S. dollars. For comparison, eBay’s total online sales for all of 2022 were estimated at around ** billion U.S. dollars only. Worldwide and domestic dominance Based on estimated sales for 2022, eBay and Amazon are both among the leading e-commerce retailers in the world. By 2027, Amazon looks to top the list and generate over *** trillion U.S. dollars in estimated sales, surpassing Alibaba by a slim margin. However, in the United States, Amazon receives more than double the monthly visits of its closest competitor eBay, which is still the most popular e-commerce marketplace among online sellers.

Amazon UK Services Ltd generated over 6.8 billion British pounds in turnover in 2023. The United Kingdom based company is responsible for the operation of the e-commerce giant’s distribution centers in the country. It increased its turnover in each year between 2009 and 2023, with figures for the latter year being over 50 times the amount seen in 2009. In 2023, Amazon was the most valuable brand worldwide. Employment in the UK Amazon was employer to over 60,000 people working in the United Kingdom in 2023. The e-commerce giant operates a variety of distribution centers – or so-called “fulfillment centers” – across Europe. The greatest number of such facilities were found in the UK and Germany. Amazon’s financial performance The revenue growth trend noted by Amazon’s UK operations reflected the company’s overall increase in net revenues. Ten years after its foundation in 1994, Amazon already made 6.92 billion U.S. dollars in net revenues, however figures ballooned further in the following years and reached nearly 638 billion U.S. dollars in 2023.