Amazon’s retail division once again posts double-digit growth

While the strong growth of the AWS cloud division is drawing the most attention in Amazon’s quarterly results, the retail division is also gaining momentum, thanks in part to an earlier Prime Day, faster delivery services, and AI.

Successful Prime Day

Amazon reported an impressive 20% increase in revenue to $200.6 billion (€174.6 billion) for the second quarter of its fiscal year, primarily due to stronger-than-expected growth at its cloud service, Amazon Web Services (AWS), which rose 36.7% to $42.2 billion (€36.7 billion).