NewsBite

Near 40pc rise in Prime revenues sends Amazon’s local sales soaring

Tess Bennett

Bumper sales in its Prime subscription business pushed Amazon to record local revenues of $7.7 billion last year, up by around one-fifth, and helped cement its increasing dominance of Australia’s e-commerce sector.

The technology giant, which started as an online bookseller in 1994, has been investing heavily in Australia. The Seattle-headquartered technology giant has invested around $20 billion locally since 2011.

Loading...
Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

Read More

Latest In Technology

Fetching latest articles

Most Viewed In Technology

    Original URL: https://www.afr.com/technology/near-40pc-rise-in-prime-revenues-sends-amazon-s-local-sales-soaring-20250301-p5lg5g