This is why Amazon Web Services is growing so much
Amazon reported some blockbuster numbers this week, with quarterly profits of $2.5 billion — a nearly 1,200 percent increase over this time last year. When you think of Amazon, you probably think of its giant online store where you buy a year’s worth of paper towels or order groceries delivered to your house. But one of the biggest moneymakers for Amazon has nothing to do with its retail operations. It’s a segment of the business called Amazon Web Services.
Click the audio player above to hear the full story.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.
