Amazon ranked 36th on Forbes Global 2000

Amazon's ranking as 36th on the Forbes Global 2000 highlights its substantial presence in the global market. The company reported earnings of approximately US$33.36 billion, with an annual revenue of US$469.82 billion, reflecting a growth rate of 21.7% compared to the previous fiscal cycle. This financial performance underscores Amazon's robust business model and its ability to adapt to changing market conditions. The company's revenue is primarily driven by its online stores, which account for 40.3% of its total sales. This significant share indicates the dominance of e-commerce in Amazon's overall business strategy, allowing it to maintain a competitive edge in the retail sector. Furthermore, Amazon's diverse range of services, including cloud computing through Amazon Web Services (AWS), contributes to its financial stability and growth potential. The company's innovative approach and investment in technology have positioned it as a leader in various industries, not just retail, but also in cloud services and digital streaming. As a result, Amazon's ranking on the Forbes Global 2000 serves as a testament to its influence and operational success in the global economy.