Business
Amazon breaks through $1 billion revenue mark in Australia – Sydney Morning Herald
E-commerce juggernaut Amazon is now a billion-dollar company in Australia after its revenue doubled during 2020 in part due to COVID-19.

However, the level of investment has dropped on last year, where related party revenues comprised half of Amazon Australias total revenue, showing the local business is beginning to rely less on its parent companys income.
Revenue from third-party sellers, which refers to Amazons marketplace business, jumped to $126 million. The retailer has also seen a successful uptake of its Prime subscription service, which provides free shipping along with access to various TV shows and movies, with revenue…
-
Noosa News19 hours ago
Young man killed in Maroochydore crash
-
Noosa News19 hours ago
4BC Breakfast host Peter Fegan won’t be back after ratings dip
-
Noosa News20 hours ago
Police renew appeal for information as ‘inconsistencies’ identified in 2022 death of toddler in Burpengary
-
General23 hours ago
Ace Frehley, founding member of rock group KISS, dies at 74