Home Business NewsBusiness Amazon sales soar to £55bn in 2018

Amazon sales soar to £55bn in 2018

by Sarah Dunsby
1st Feb 19 8:48 am

Tech giant Amazon has published their financial results, for the three months to 31 December, sales were up to £55.2bn from £46.1bn the year before, up 20%.

The richest man in the world, Jeff Bezos founder and chief executive of Amazon said, “Alexa was very busy during her holiday season. Echo Dot was the best-selling item across all products on Amazon globally, and customers purchased millions more devices from the Echo family compared to last year.”

“The number of research scientists working on Alexa has more than doubled in the past year, and the results of the team’s hard work are clear.

“In 2018, we improved Alexa’s ability to understand requests and answer questions by more than 20% through advances in machine learning, we added billions of facts making Alexa more knowledgeable than ever, developers doubled the number of Alexa skills to over 80,000, and customers spoke to Alexa tens of billions more times in 2018 compared to 2017.

“We’re energised by and grateful for the response, and you can count on us to keep working hard to bring even more invention to customers.”

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