News / Amazon sees income skyrocket after fulfilment network restructure

Photo: © Alexey Novikov

Amazon singled out regionalisation and its remodelled supply chain offering as it announced surging positivity in its third-quarter results.

Net income over the three-month period soared 244% against 2022, from $2.9bn to $9.9bn, on the back of $11.2bn operating income compared with $2.5bn a year earlier – a 353% uptick.

CEO Andy Jassy said: “The benefits of moving from a single national fulfilment network in the US to eight distinct regions are exceeding our optimistic expectations.

“Perhaps most importantly, it is putting us ...