About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, July 26, 2019

One Day Delivery Lifts Amazon

1) Includes product sales and digital media content sold on a transactional basis. Digital product subscriptions that provide unlimited viewing or usage rights are included in Subscription services.
(2) Includes product sales where customers physically select items in a store. Sales from customers who order goods online for delivery or pickup at our physical stores are included in “Online stores.”
(3) Includes commissions and any related fulfillment and shipping fees, and other third-party seller services.
(4) Includes annual and monthly fees associated with Amazon Prime memberships, as well as audiobook, digital video, e-book, digital music, and other non-AWS subscription services.
(5) Primarily includes sales of advertising services.

Amazon reported a 21% year-on-year increase in revenue to 63.4 billion US dollars in the second quarter, excluding the impact of currency movements. Sales in North America grew 20%, while international sales rose just 12%, impacted by currency movements. Amazon Web Services boosted revenues 37% to 8.4 billion dollars.

Revenues from subscription services, which includes Amazon Prime, rose 39% to 4.7 billion dollars. “Customers are responding to Prime’s move to one-day delivery — we’ve received a lot of positive feedback and seen accelerating sales growth,” said Jeff Bezos, Amazon founder and CEO. “Free one-day delivery is now available to Prime members on more than ten million items, and we’re just getting started. A big thank you to the team for continuing to make life easier for customers.”Source: Amazon statement

No comments: