Today I would like to remind you of the fantastic results of the company yesterday $AMZN for the last quarter! 💼📈
Amazon (AMZN) is at the forefront of digital transformation with a tremendous impact on global markets. Founded in 1994 by Jeff Bezos, originally as an online bookstore, it has grown into a giant ecosystem encompassing online commerce, cloud services, streaming content, and many other industries. Their pioneering approach to e-commerce, the rapid expansion of AWS (Amazon Web Services), and constant innovations such as Prime Videoshow that the company is not just selling products, but is becoming a key player in the technology and business world.
✨ Revenue recorded solid growth of 14 %with online sales jumping by 9 % and physical stores by 4 %. Most positive was the excellent growth of third-party retailers, which saw up 20% increase! 🌐
🚀 Incredible growth in other areas as well - subscriptions increased by 14 %, advertising by a whopping 27 %, and AWS scored 13 %. Those are results worth having! 💰
Amazon Web Services (AWS) is a global cloud services platform offered by Amazon. AWS is one of the world's largest cloud service providers and plays a key role in transforming digital business and IT infrastructure.🖥️
📊 In terms of financial metrics, operating income grew by up to 383 %, and free cash flow for the last twelve months has reached +36 billion USD.
📈 Shares have reacted positively, rising up to 8 %! 📦
$AMZN is a market leader and provides innovation in every way. What do you think of this giant's results and how do you see the growth opportunity for 2024?