image: amazon

Amazon’s R&D spend rose 41% to $22.6B in 2017

April 10, 2018


Research and development spending by tech companies isn’t much of a head-turner, but Amazon’s supremacy underscores how the e-commerce giant is at least as much of a tech company as it is a retailer.

The company has rivals scrambling to keep apace with its checkout-free Amazon Go store. It has also been exploring niche efforts like developing tech solutions for seniors, and it runs the largest cloud services business in the world, a highly profitable unit for Amazon compared to its retail arm, which operates on thin margins.

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