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Amazon raked in over £50bn a month over the Christmas quarter

Summary by This Is Money
With annual profits almost doubling from £24.4bn to £47.6bn, Amazon chief executive Andy Jassy said the quarter 'was the most successful yet'.

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Amazon raked in over £50bn a month over the Christmas quarter

With annual profits almost doubling from £24.4bn to £47.6bn, Amazon chief executive Andy Jassy said the quarter 'was the most successful yet'.

·United Kingdom
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smallbizsage.comsmallbizsage.com

Amazon rakes in 60bn a month

Amazon raked in £150bn (€180bn) – or £50bn (€60bn) a month – over the Christmas quarter. That means its revenues are likely to have overtaken those of US supermarket Walmart for the first time. The online giant’s 10% rise in sales in the final three months of 2024 brought its total for the year to a record £513bn (€615bn). Rival Walmart is projected to announce quarterly sales of £145bn (€174bn) on February 20, according to analysts. With annual…

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This Is Money broke the news in United Kingdom on Friday, February 7, 2025.
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