Amazon logs $72.4 bn revenue, annual sales cross $200 bn

San Francisco: Fuelled by the growth in its Cloud arm, Amazon Web Services (AWS) and advertising business, Amazon’s revenue hit $72.4 billion in the fourth quarter that ended December 31 — up 20 per cent from the same period a year ago. The strong end to the year pushed Amazon’s annual sales to $232.9 billion. … Continue reading Amazon logs $72.4 bn revenue, annual sales cross $200 bn