Amazon (NASDAQ: AMZN) reported 2021 fourth-quarter net sales increased 9% to $137.4 billion, compared with $125.6 billion in the same quarter in 2020. Operating income in 2021 4Q decreased to $3.5 billion, compared with $6.9 billion in fourth quarter 2020. Net income increased to $14.3 billion in the fourth quarter, or $27.75 per diluted share, […]
Category: Amazon Business
Amazon Hubs to Add 2,550 Jobs
Amazon (NASDAQ: AMZN) on Tuesday said it plans to expand tech hubs in Austin and Phoenix and will add approximately 2,550 jobs. The company announced plans to create more than 2,000 corporate and tech jobs in Austin over the next few years. The new roles are expected to support growth in Operations Technology, Amazon Retail, […]
Amazon Expands Operation Sites
Amazon (NASDAQ: AMZN) this week said it will open three new operations facilities in Alabama, including a delivery station in Birmingham, a fulfillment center in Huntsville and a receive center in Montgomery. “We are proud to continue our investment in Alabama with thousands of good jobs and new, state-of-the-art operations facilities,” said Brian Huseman, vice […]
Amazon 3Q Sales Increase 15%
Amazon.com Inc. (Nasdaq: AMZ) reported sales of $110.8 billion in the third quarter of 2021, a 15% increase over the same period last year. Amazon’s 3Q net income decreased to $3.2 billion, or $6.12 per diluted share, compared with $6.3 billion, or $12.37 per diluted share, in the third quarter of 2020. Net product sales […]
Amazon Opens Robotics Facility
Amazon (NASDAQ: AMZN) announced Thursday the opening of a new “first-of-its-kind” robotics manufacturing facility in Westborough, Massachusetts, which is expected to expand Amazon Robotics’ manufacturing capability in the U.S. Amazon said the new facility has created 200 new manufacturing jobs. “We care about the communities where we operate. This is why we are proud to […]
Report: Amazon Business to Hit $59B in U.S. Product Sales by 2025
Amazon Business is poised to more than double its U.S. product sales from this year to 2025 to top $59 billion by 2025, according to a report. According to eMarketer, Amazon Busines will grow its U.S. product sales by 43.5% year-over-year to reach $27.6 billion this year. Seattle-based Amazon doesn’t breakout Amazon Business’ revenue and […]
Amazon Opens First Fulfillment Center in North Dakota
Amazon.com Inc. (NASDAQ: AMZN), Seattle, Washington, this week announced plans to open a more than 1 million-square-foot fulfillment center in Fargo, North Dakota. The facility, which opened Sunday and is the largest structure in North Dakota by square footage, will create more than 1,000 new, full-time jobs. “We are excited to have this fulfillment center […]
