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Amazon ends 2017 on high sales figures

February 2, 2018

Last year ended on a strong point for Amazon, as it announced a sales increase of 38% to $60.5 billion for Q4 of 2017.

With net sales increasing 31% to $177.9 billion, compared with $136.0 billion in 2016, the company also marked 2017 with investment in a new 60,000 sq ft development centre in Cambridge, which will be home to over 400 machine learning scientists, knowledge engineers, data scientists, mathematical modellers, speech scientists and software engineers.

They will work on projects including Echo, Alexa and Prime Air, Amazon’s future delivery system to get packages to customers in 30 minutes or less.

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