[Amazon results] Operating margin doubled, driven by e-commerce and the marketplace in Q2 2023

Featured image of the article [Amazon results] Operating margin doubled, driven by e-commerce and the marketplace in Q2 2023

An article by Sara Chaouki

Publication

9 August 2023 à 09h54

Updated on 13 November 2024 à 17h10

Reading time

6 minutes

Publication: 9 August 2023 à 09h54, Updated on 13 November 2024 à 17h10

Reading time: 6 minutes

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An article by Sara Chaouki

Publication

9 August 2023 à 09h54

Updated on 13 November 2024 à 17h10

Reading time

6 minutes

Publication: 9 August 2023 à 09h54, Updated on 13 November 2024 à 17h10

Reading time: 6 minutes

Share
Copy link Share on LinkedIn Share on Bluesky Share on Facebook Share on WhatsApp
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Amazon’s total sales rose by 11% in Q2. While cloud services continued to slow, e-commerce and the marketplace returned to sustained growth. To improve efficiency in the last mile and speed up deliveries still further, the group is rethinking the logistics strategy in the U.S.A.

On August 3, 2023, Amazon published results for Q2, showing a return to growth in the e-commerce business. Sales totaled US$134.4 billion vs $121.2 billion a year earlier. This is a 11% growth at constant rates. As...

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