Amazon cloud revenue jumps 49 percent

Amazon cloud revenue jumps 49 percent

5 years ago
Anonymous $RBasgWKaIV

https://www.cnbc.com/2018/07/26/aws-earnings-q2-2018.html

Amazon on Thursday said that its cloud business grew nearly 48.9 percent in the second quarter, coming in above analysts' expectations.

The growth keeps Amazon's cloud solidly ahead of its closest rivals, Microsoft and Google, as well as smaller players like Oracle and international challengers like Alibaba.