Over $10 billion in fees in Q4, going towards international infrastructure

As a result amazon posted a record profit of $1.9 billion, making it the 11th straight profitable quarter.

The increasing profit is a distraction though. Relative to net sales Amazon’s profits are modest. The company continues to invest into new initiatives like the international expansion. India is likely the primary focus. There, as Olsavsky pointed out, “more Prime members joined India’s Prime program in the first year than we’ve seen in any other country in the history of the world, our world.” Last year Amazon marketplace attracted more than one million new sellers, and saw the launch of Australia, and expansion in Brazil beyond books. Overall 51% of units sold came from the marketplace, often enabled by the Fulfillment by Amazon (FBA) service. 2017 was a great year.

from the post Sellers Paid Amazon More Than $10 Billion in the Fourth-Quarter at Marketplace Pulse

Andrew @ EcomLoop
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