EP303 - Amazon, Walmart and E-com Q4 Results
The Jason & Scot Show - E-Commerce And Retail News
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Wall Street Takes Positives From Q4 Results
Wall Street was really pleased with this because there's been a lot of talk at Windows Amazon hit prime saturation. The rate of growth did slow, right? So they were in the like 30s and 40% a year that it was growing but I want to say it only grew 20%. But for 12 months, that means they sold 32.7 billion dollars worth of ads. And if you assume that ads are about 75% gross margin, that means that the ad business contributed $25 billion in earned income last year.
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