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Amazon reports 31% net sales increase in 2018

4 February 2019

Amazon has released full-year financial results, showing a net sales increase of 31% in 2018. The retailer earned net sales of US$232.9 billion (A$321.3bn) this year, compared with US$177.9bn (A$245.4)...

Amazon unblocks Oz shoppers from US store

22 November 2018

Australian consumers are now able to purchase and ship items from Amazon’s international website, according to a statement from Amazon. The retailer suspended shipping to Australian addresses from its international website...

Amazon’s AbeBooks backflips after booksellers protest

8 November 2018

After two days of striking against Amazon subsidiary AbeBooks, antiquarian booksellers around the world have had success, with the retailer apologising and saying it would reverse the decision that prompted...

Ebook marketer ordered to pay Amazon US$75,000

4 September 2018

Amazon has won US$75,000 (A$104,000) in an arbitration case against ebook marketer Thomas Glenn of the Dominican Republic, reports GeekWire. The case was one of five arbitration demands that the company...

Audible UK revenue grows by 45%

3 September 2018

Audible UK has reported a 45% growth in revenue in 2017 to £97 million (A$174.4m), up from £67.1 million (A$120.7m) in the previous year, reports the Bookseller. According to accounts filed...

Amazon launches Prime in Australia

20 June 2018

Amazon has launched its subscription service Prime on the company's Australian website, offering users free delivery and subscription access to ebooks, videos and games. The service will include free ‘expedited...

Book Depository to remit GST from July

15 June 2018

Amazon-owned online retailer Book Depository has confirmed it will collect and remit GST on overseas purchases from July, when the new tax laws come into effect, reports the Australian Financial...

Amazon to block Oz shoppers from Amazon US

1 June 2018

Australian consumers will be unable to purchase items from Amazon’s international websites as the multinational moves to comply with new GST laws affecting online retailers, reports the Sydney Morning Herald....

Amazon to axe hundreds of jobs

15 February 2018

In the US, Amazon is cutting several hundred jobs at its Seattle headquarters, focused mainly on its established consumer retail business, reports the Seattle Times. The cuts come after the...

Amazon revenue up 20% in 2015

1 February 2016

Amazon’s fourth-quarter financial results show net sales increased to US$107bn (A$151.3bn) in 2015, a 20% increase on 2014, although net income remained marginal at just US$596m (A$842.52m) for the year....

Amazon signs lease for new Sydney HQ

2 December 2015

Amazon has signed a seven-year lease for its new Australian headquarters, reports the Sydney Morning Herald. The lease is for more than 9260sqm of office space—estimated to be over four...

Amazon to pay tax on UK sales

28 May 2015

Amazon has started booking its UK retail sales through the UK, which means its profits will be taxed by HM Revenue and Customs, reports the Guardian. For the past 11...