Amazon Web Services’ revenue rose 28% in the first quarter to $37.6 billion, the cloud giant’s fastest growth rate in nearly four years. Amazon’s overall net sales increased 17% to $181.5 billion in the first quarter, an acceleration in growth from 14% in the fourth quarter.
Growth also accelerated in Amazon’s retail division and advertising business. Amazon forecast net sales to total between
https://www.theinformation.com/briefings/aws-revenue-grows-28-first-quarter