Amazon Reports Strong Revenue Growth in 2023
Continuing the Trend
Amazon has announced strong revenue growth in the twelve months ending March 31, 2024, with a 12.54% increase year-over-year. The company's revenue reached $590.74 billion during this period.
Surge in Growth
This growth is a continuation of the surge Amazon experienced in 2020, when its North American and International Consumer revenue grew by 39% year-over-year. Notably, Amazon surpassed $48 billion in worldwide sales during the Black Friday through Cyber Monday period, demonstrating the company's continued dominance in e-commerce.
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