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Amazon CEO Andy Jassy published his annual letter to shareholders on Thursday. In it, he writes about Amazon’s “Why Culture” and how it helps us invent for customers. Here’s how he started his letter, and follow the link below to read it in full.
“Dear Shareholders:
2024 was a strong year for Amazon.
Our total revenue grew 11% year-over-year (“YoY”) from $575B to $638B. By segment, North America revenue increased 10% YoY from $353B to $387B, International revenue grew 9% YoY from $131B to $143B, and AWS revenue increased 19% YoY, from $91B to $108B. For perspective, just 10 years ago, AWS revenue was $4.6B; and in that same year, Amazon’s total revenue was $89B.”
We have now posted our 2024 Letter to Shareholders, our 2024 Annual Report and 2025 Proxy Statement on our Investor Relations website. Hard copies are also available upon request through our website, in the section called Contact us & request documents.
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