Amazon Web Services booms as revenues hit $2.9bn in second quarter
by Jemima Kiss in San Francisco and agencies from Technology | The Guardian on (#1NT2X)
The company's cloud services business combined with a surge in Prime subscriptions to increase revenue 31% year on year
Amazon Web Services, the company's cloud service division, has long provided the infrastructure for vast retail websites and plucky startups alike, from Netflix and Airbnb to Nasa and the Royal Opera House, but is now seen as the company's biggest driver of growth.
AWS combined with enthusiastic take-up of its premium "Prime" service to generate better than expected revenue for the second quarter of the year.
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