![]() ![]() ![]() “This could potentially be attributed to the closing of its $8.5 Billion MGM acquisition earlier this year,” said Billy Duberstein, investment journalist at the Motley Fool. In its quarterly filings, Amazon describes the “other” segment as “sales related to various other offerings, such as certain licensing and distribution of video content and shipping services, and our co-branded credit card agreements.”Īmazon’s “other” segment saw an 168% growth YoY in Q3 2022, with more than $1.26 billion in sales, per Amazon’s most recent quarterly report. While the ecommerce giant’s online stores remain its biggest revenue stream, there are many o3 Do you work in the Ecommerce and Retail industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-drivenĪmazon is the world’s top retailer, reigning larger than the next 14 largest US retailers combined. ![]() Net sales increased 15% to $127.1 billion in Q3 2022, up from $110.8 billion in the third quarter of 2021, according to the most recent Amazon quarterly earnings report, released in October of 2022.Insider Intelligence forecasts that Amazon’s retail ecommerce sales worldwide will reach $746.22 billion in 2023.
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