EP303 - Amazon, Walmart and E-com Q4 Results
The Jason & Scot Show - E-Commerce And Retail News
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Is Amazon the Most Profitable Business at Amazon?
I'm working on a couple of different models for what total US GM V did for Amazon. And so again, I don't have a official estimate yet but like let's assume they grew. So that's a big difference. The fees that they charge third party sellers grew 14%. They're taking a lot of margin out of third party selling because there's a long line of people waiting behind every third party sour that want to sell that same stuff. It was not a huge growth year for GM V for Amazon. But it still is the most profitable business at Amazon and although it's slowing down slightly it's still still certainly growing.
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