Accueil » [Amazon results] Focus on A.I. to revive AWS, a declining source of profitability in Q1 [Amazon results] Focus on A.I. to revive AWS, a declining source of profitability in Q1 Whilst Amazon's e-commerce business is losing momentum (down by 0.1% year-on-year), the AWS cloud service is recording the slowest growth since 2015. To improve profitability, the tech giant is introducing a series of AI-based tools for businesses. Amazon's year-on-year revenue growth was 11%, driven by the marketplace and the cloud. Through Bleuenn Fequant et Aymeric Marolleau. Published on 09 May 2023 à 10h25 - Update on 12 May 2023 à 16h52 Resources On 27th April 2023, Amazon released the first quarter results, showing slowing e-commerce but dynamic advertising growth.… This article is for subscribers only Already have an account? Log in You are not registered yet ? Sign up for a free trialfree for 1 month Online services : studies, analyses, databases and much more Daily Briefing : latest news digest Weekly letters Last name First name Email address Bleuenn Fequant et Aymeric Marolleau digitale-commercefinancial results À lire [Amazon results] Online sales down and US$3bn losses in 2022... How does Amazon stay afloat? Essentials Synthèse et historique de tous les contenus sur une thématique suivie en détails par la rédaction Les dernières publications Cashback: a successful sales option to relieve pressure on spending A year of crisis: Retailers' initiatives to cope with the purchasing power drop Analyzes Synthèse et historique de tous les contenus sur une thématique suivie en détails par la rédaction Les dernières publications ‘Yes Ad’ zones: in-store traffic takes a hit in Q1 2023 Reusable dishes: French anti-waste law constraining fast-food chains
