What is Amazon's daily revenue?
|The Amazon Spheres, part of the Amazon headquarters campus in Seattle|
|Revenue||US$280.522 billion (2019)|
|Operating income||US$14.541 billion (2019)|
|Net income||US$11.588 billion (2019)|
|Total assets||US$225.248 billion (2019)|
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Thereof, what is Amazon's total revenue?
Revenue grew from $44 billion in 2016 to $65.9 billion in 2018. Trefis estimates further growth of about 19.7% and Revenue to reach $78.8 billion in 2019. Amazon North America segment has seen the highest increase in absolute terms in Revenue and also contributes the maximum to Total revenue.
Similarly, how does Amazon make so much money? Here's how Amazon makes its money. Last year, Amazon had $136 billion in sales, and the company is projected to finish at the $177 billion mark this year. Only 67.2% of Amazon's revenue comes from retail products it sells on its own, with another chunk coming from third-party sellers.
Just so, how much does Amazon sell per day?
Today Amazon US sells more than 606 million products, which means Amazon's product count has expanded to more than 200 million since the beginning of the year. That's an average of 1.3 million products added each day!
Is Alibaba bigger than Amazon?
Alibaba is often referred to as the 'Amazon of China' because of its growth trajectory being nearly identical to that of Amazon. While Amazon is the larger of the two companies by a significant margin, both companies have quite similar revenue streams.