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Amazon's international unit is on track to report an annual profit, driven by streamlined logistics operations. The $131 billion unit could achieve a $1.6 billion operating profit this year, a stark turnaround from last year's $2.7 billion loss. Analysts, according to a Refinitiv poll, also project profits to exceed $5 billion next year, as operations continue to streamline. This marks a significant shift for Amazon's international division, which has faced years of losses.
$AMZN | Amazon's International Division Set To Achieve Profitability After Years of Losses: Report Amazon's international division expects to achieve profitability with operating profits of $1.6B this year, rising to over $5B next year.
$AMZN | Amazon's International Division Set To Achieve Profitability After Years of Losses: Report Amazon's international division expects to achieve profitability with operating profits of $1.6B this year, rising to over $5B next year. Improved logistics in key markets like… https://t.co/58Kz7v1AP9
$AMZN | Amazon's international unit on track to report an annual profit, driven by streamlined logistics operations. The $131B unit could achieve a $1.6B operating profit this year, a stark turnaround from last year's $2.7B loss. Analysts also project profits to exceed $5B… https://t.co/bZO5znBhwF
