It saw a 37.6 percent increase in revenue in 2020, its largest percentage gain since 2011, partly due to the coronavirus pandemic.Īmazon breaks out revenue by segment and region.
55 million Amazon Echo devices were sold in 2020Īmazon is the third largest public company by revenue in the world, behind Walmart and China’s Petrochemical Corporation. Amazon Prime Video had 175 million users in 2021, while Prime Music reached 55 million in 2020. Over 200 million customers subscribe to Amazon Prime worldwide, with 147 million in the US alone. Amazon earned $21.33 billion net income in 2020, around half of which came from AWS. Amazon Web Services was responsible for 11% of that revenue. Amazon generated $386 billion revenue in 2020, making it the third largest company in the world by revenue. We have collected data and statistics on Amazon. The coronavirus pandemic provided Amazon with a boost in sales across the board, which can be seen in the almost doubling of Amazon’s stock price since March 2020. While Amazon still makes a majority of its revenue from its e-commerce platform, it has seen huge increases in revenue from AWS and subscriptions in the past year. It acquired Ring doorbell for $1 billion in 2018 and has since launched other types of Echo devices. Amazon has launched eight stores so far in the US, but has failed to interest any third-party retailers.Īmazon is one of the largest competitors in the Internet of Things market, with the Amazon Echo as the hub and Alexa as the personal assistant. Next year, Amazon launched Go, a small chain of stores which use cameras and sensors instead of cashiers. In 2017, it made its largest acquisition to date, paying $17.4 billion for Whole Foods. In 2014, Amazon also acquired Twitch.TV for $970 million, a live streaming service primarily dedicated to games. Amazon Prime Video counted more than 175 million unique viewers in 2021, and Amazon recently acquired MGM Studios for $8.4 billion, adding more exclusive movies to the platform. Chromecast amazon kindle app free#
The service provided subscribers with free delivery on most items, and Amazon has added video and music streaming, alongside other services.Īs of 2021, Amazon has over 200 million Prime subscribers. To get customers locked in to the platform, Amazon created Prime in 2005. Increase onboarding conversion rates by over 180%.
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