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Profit of Amazon Europe 2010-2019

Amazon EU S.à r.l. reported an overall loss of over 700 million euros in 2019. This was much more, though, than the loss that was reported in the previous year. Amazon's European division is headquartered and registered in Luxembourg since 8 June, 2004, with registered branches in France, Germany, Italy, Spain and the United Kingdom. Amazon started out as an online store in these countries, but currently also feature Amazon Prime. This membership could be used by customers in Germany and the United Kingdom in 2007, while France followed in 2008 and Italy in 2011.

Online shoppers from Ireland, Austria and Belgium are most likely to buy products and services from a foreign e-commerce retailer. This was reported in a survey from PayPal and Ipsos, which asked respondents to name the countries from which they purchased something online in the past 12 months (including the home country, if applicable). 84 percent of the Irish respondents said they would buy items from foreign retailers. Consumers in Germany, France and the United Kingdom, the three European countries with the highest online share of retail trade, seem less inclined to shop across their own borders.

Total profit of Amazon Europe from 2010 to 2019

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Source

Release date

March 2020

Region

Luxembourg

Survey time period

2010 to 2019

Supplementary notes

The data corresponds to ID B101818 in the database.

The figures have been taken from several publications.

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