Amazon.com’s Record Holiday

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From The Motley Fool:

Amazon continued its momentum from Black Friday and Cyber Mondaythroughout the holiday, clocking in with its biggest holiday season ever. Including record shopping, record Prime membership trials, record sales of Amazon Devices, and more, the holiday season undoubtedly helped set the e-commerce giant up for an enormous fourth quarter.

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5. Parents love Fire Kids Edition Tablets. Sales of the Amazon tablet were up 2.4 times compared to the same time last year.

6. Amazon’s fulfillment and shipping network grew significantly. Between last year and this year’s holiday season, total square footage in Amazon’s fulfillment and shipping network increased by 30%.

7. Mobile shopping skyrocketed. The number of customers who shopped on the Amazon App increased nearly 70% this holiday season compared to the same period last year.

Expect this momentum to continue

Despite how extraordinary this growth is, Amazon is still preparing for one more big shopping day before the year closes. On Dec. 29, customers will be able to save “up to 80% on over 5,000 apps, games, movies, eBooks, and more,” Amazon said. Building on the momentum it saw last year with its new Digital Day holiday, Amazon said it will offer 40% more deals this year compared to last year.

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Amazon is guiding for huge growth in its fourth quarter of 2017, expecting net sales between $56 billion and $60.5 billion, up 28% to 38% compared to the year-ago quarter.

Link to the rest at The Motley Fool

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