Amazon: Annual Revenue 2004-2018: Published By, May 7, 2019
Amazon: Annual Revenue 2004-2018: Published By, May 7, 2019
Due to its location, Amazon offers more services in North America than
worldwide. As a result, the majority of the company’s net revenue in 2016 was
actually earned in the United States and Canada. In 2017, approximately
106.11 billion U.S. dollars was earned in North America compared to only
roughly 54.3 billion U.S. dollars internationally.
Due to the company’s financial resources, Amazon has the capability to invest
in new products and markets, such as online and offline grocery sales. In
June 2017, Amazon purchased grocery retailer Whole Foods Market for 13.7
billion U.S. dollars, the company’s most expensive acquisition by far. This
acquisition was primarily a move to expand the company's online grocery
business, one of the fastest growing online shopping trends in the United
States.