Amazon services outpace retail growth in Q1
Briefly

Amazon's net income rose by 229%, mainly due to the success of its non-retail services like AWS and advertising, significantly surpassing online and offline store sales.
Revenue from non-retail operations like advertising, subscriptions, and third-party services, combined with AWS, exceeded that from online and offline stores, showcasing the shift in Amazon's revenue sources.
Read at Retail Dive
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