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Payments News » Amazon Web Services Brought in More Money Than McDonald’s in 2018

“To put that in context, Amazon’s cloud-computing business in 2018 took in a bit less than all of Mondelez International, the multinational snack and beverage conglomerate, which reported $25.9 billion in revenue for the year ended Dec. 31. It is barely less than the $25.8 billion in revenue Macy’s generated in all of 2017 (Macy’s hasn’t reported full year results yet for 2018). It’s more than the $21 billion in revenue McDonald’s booked in 2018, or the $22.7 billion taken in by Qualcomm during its 2018 fiscal year.”

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