Amazon sales soar as ‘more people than ever’ joined Prime

Prime day 2019

Amazon sales have beat expectations as the online giant posted its full-year results.

The online goliath reported a 21% surge in sales to $87.4bn (£67bn) during its fourth quarter of 2019, up from $72.4bn (£55bn) in the same period the previous year.

Amazon’s sales jumped 20% to $280.5bn (£214bn) during the whole of 2019, up from $232.9bn (£178bn) in 2018.

During the full year, the online platform’s operating income increased to $14.5bn (£11bn), up from $12.4bn (£9.5bn) the previous year.

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