With 395.64 billion U.S. dollars in net sales, the United States were Amazon’s biggest market in 2023. Germany was ranked second with 37.6 billion U.S. dollars, ahead of the UK with 33.6 billion U.S. dollars.
Biggest internet company
Founded in 1994, Amazon has grown into one of the biggest e-commerce marketplaces and cloud computing platforms worldwide. In 2020, Amazon was ranked first in terms of company revenue among global publicly traded internet companies. With an annual revenue of approximately 386 billion U.S. dollars, the e-retailer ranked far ahead of closest competitors Google (181.7 billion U.S. dollars) and Alibaba (109.5 billion U.S. dollars).
Amazon shopping
Amazon is the leading e-retailer in the United States. In September 2021, 65 percent of Amazon customers in the United States held a membership with the company’s subscription service Amazon Prime, benefitting from free 2-day shipping, music and video streaming and exclusive offers and deals. Amazon Prime members are very engaged shoppers: a June 2021 survey found that over four in ten of them were likely to shop not just during Prime days, but also during other retail events, with 56 percent of them showing interest for Cyber Monday.
FAQs
With 395.64 billion U.S. dollars in net sales, the United States were Amazon's biggest market in 2023. Germany was ranked second with 37.6 billion U.S. dollars, ahead of the UK with 33.6 billion U.S. dollars.
What is Amazon's net sales in 2023? ›
Net sales increased 12% to $574.8 billion in 2023, compared with $514.0 billion in 2022. Excluding the $0.1 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the year, net sales increased 12% compared with 2022.
What is the market share of Amazon in 2023? ›
According to estimates, Amazon claimed the top spot among online retailers in the United States in 2023, capturing 37.6 percent of the market. Second place was occupied by the e-commerce site of the retail chain Walmart, with a 6.4 percent market share, followed in third place by Apple, with 3.6 percent.
What is Amazon's largest market? ›
USA: The Largest and Most Competitive Marketplace in the World. Undoubtedly, the most well-known and largest Amazon marketplace is the US market. It currently accounts for approximately 69.3% of Amazon's revenue and attracts nearly three billion website visitors each month.
What is Amazon's net sales revenue? ›
Annual net sales of Amazon 2004-2023
In the last reported year, the multinational e-commerce company's net revenue was almost 576 billion U.S. dollars, up from 514 billion U.S. dollars in 2022.
Is Amazon still profitable 2023? ›
The Seattle-based retail and tech giant exceeded analyst expectations and its own estimates for the final three months of the year in its fourth-quarter and full-year earnings released Thursday. In 2023, Amazon reported $30.4 billion in net income, up from a $2.7 billion loss in 2022.
Is selling on Amazon profitable 2023? ›
In short: yes. But let's go over why. In 2023, Amazon's revenue was a whopping $574 billion, up from $514 billion in 2022 — and nearly one quarter (23%) of that revenue is driven by third-party sellers!
What is Amazon's largest source of revenue? ›
How does Amazon make most of its money? Retail is Amazon's primary source of revenue, with online and physical stores together accounting for the biggest share.
What is Amazon's market share stats? ›
Amazon had a revenue of $434 billion in 2022. (Amazon CEO's Annual Letter to Shareholders) In the United States, Amazon has a market share of 37.8% in the ecommerce industry. (Statista)
What is Amazon's market share in 2024? ›
Key Stat: Amazon will capture more than 40% of US ecommerce sales in 2024.
Amazon's biggest direct competitors include Walmart, eBay, the Alibaba Group, Target, as well as more localized eCommerce marketplaces (such as Otto or Rakuten). In the video streaming segment, Amazon's biggest competitors are Netflix, Rakuten, HBO, Disney, and Apple TV+. Who are Amazon's indirect competitors?
Who is bigger Walmart or Amazon? ›
Amazon has rapidly grown in the last 5 years, doubling its revenue. During the same period, Walmart's revenues grew only 20%. But Walmart still leads Amazon in terms of overall revenue, $611 billion vs $514 billion (Amazon's revenue excluding AWS is only $434 billion).
Who owns the biggest share of Amazon? ›
What percentage of Amazon (AMZN) stock is held by retail investors? According to the latest TipRanks data, approximately 56.07% of Amazon (AMZN) stock is held by retail investors. Jeffrey Bezos owns the most shares of Amazon (AMZN).
What are Amazon's current sales? ›
Amazon sales grew 12% to $574.8 billion, from $514.0 billion in 2022. Operating income reached $36.9 billion, increasing from $12.2 billion in 2022. AWS sales grew 13% to $90.8 billion.
Does Amazon make a net profit? ›
Amazon annual/quarterly net income history and growth rate from 2010 to 2023. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for. Amazon net income for the quarter ending December 31, 2023 was $10.624B, a 3721.58% increase year-over-year.
Is Amazon net profitable? ›
For the first time in almost a decade, online retail platform Amazon reported a net loss of 2.7 billion U.S. dollars in 2022. After that, in 2023, the net income amounted to 30.4 billion U.S. dollars.
How did Amazon do in 2023? ›
In 2023, Amazon's total revenue grew 12% year-over-year (“YoY”) from $514B to $575B. By segment, North America revenue increased 12% YoY from $316B to $353B, International revenue grew 11% YoY from $118B to $131B, and AWS revenue increased 13% YoY from $80B to $91B.
What is Amazon's sales in 2025? ›
By 2025, the online marketplace might reach a total revenue of 44.3 billion U.S. dollars.
What are the e-commerce sales in 2023? ›
Total e-commerce sales for 2023 were estimated at $1,118.7 billion, an increase of 7.6 percent (±1.2%) from 2022. Total retail sales in 2023 increased 2.1 percent (±0.4%) from 2022. E-commerce sales in 2023 accounted for 15.4 percent of total sales. E-commerce sales in 2022 accounted for 14.7 percent of total sales.
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