SAN FRANCISCO, May 2 — Amazon.com Inc yesterday announced its financial results for this year's first quarter ending on March 31, with net sales of US$155.7 billion (RM669 billion), up by 9 per cent year on year, Xinhua reported.
Its North America segment sales increased 8 per cent year over year to US$92.9 billion (RM399 billion). International segment sales increased 5 per cent to US$33.5 billion (RM144 billion), or increased 8 per cent excluding changes in foreign exchange rates.
Amazon's net income increased to US$17.1 billion in the first quarter, or US$1.59 per diluted share, compared with US$10.4 billion, or US$0.98 per diluted share, in first quarter 2024.
"We're pleased with the start to 2025, especially our pace of innovation and progress in continuing to improve customer experiences," said Andy Jassy, Amazon president and CEO.
— Bernama-Xinhua