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Free one-day shipping dominated the conversation during Amazon’s quarterly earnings call Thursday, but it wasn’t the only takeaway.
Here’s what else we learned:
1. Amazon Advertising will provide more intel.
Brian Olsavsky, senior vice president and chief financial officer, would not address questions about ad loads and inventory but said Amazon is experiencing “good advertising growth” in North America and abroad, with revenue growth “a bit higher than” 36% in the quarter. The platform is focused on “driving relevancy [and] ensuring that we service the most useful ad as possible,” he added.
Sales of advertising services and sales related to other service offerings totaled $2.7