[Amazon Results] At nearly US$10 billion, advertising outpaces subscriptions for US giant

Featured image of the article [Amazon Results] At nearly US$10 billion, advertising outpaces subscriptions for US giant

An article by Aymeric Marolleau and Sophie Baqué

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Publication

4 November 2022 à 12h19

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1 minute

Publication: 4 November 2022 à 12h19

Reading time: 1 minute

For the first time, Amazon's advertising revenue exceeded subscriptions revenue in Q3 2022. The services to third-party merchants, the second largest business unit, and AWS remained very dynamic : they generated altogether almost US$9 billion in additional revenue in Q3. Online sales, as Amazon's largest business, returned to growth in Q3 2022 after three quarters of decline.

An article by Aymeric Marolleau and Sophie Baqué

Add mind Retail to your sources

Publication

4 November 2022 à 12h19

Reading time

1 minute

Publication: 4 November 2022 à 12h19

Reading time: 1 minute

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After three consecutive quarters of falling revenue for Amazon’s e-commerce, growth returned for Q3 2022 with an increase of 7.1% year-on-year.

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Article authors

Aymeric Marolleau

Featured image of the article Sophie Baqué

Sophie Baqué Chief Editor of mind Retail

Featured image of the article Sophie Baqué

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