Amazon's third-quarter revenue of $158.9 billion exceeded expectations largely due to growth in the advertising unit and Amazon Web Services, showcasing its diverse business model.
With sales from its online store rising 8 percent to $61.4 billion and a significant increase in earnings per share, Amazon demonstrated robust year-on-year growth.
The international segment of Amazon grew by 12 percent reaching $35.9 billion, while North America reported $95.5 billion in sales, underscoring the company's global reach.
CEO Andy Jassy hinted at exciting future developments, including deals, an NFL game on Prime Video, and enhanced cloud capabilities at the upcoming AWS re:Invent.
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