Amazon.com Inc. said Wednesday its Fulfillment by Amazon (FBA) service delivered a record more than 2 billion items for sellers worldwide in 2016. Items shipped by FBA rose 50% in the holiday season, while deliveries to prime members numbered in the millions. The online retailer said active sellers using the FBA service increased more than 70% in 2016, and units shipped grew more than 80% outside the U.S. The number of sellers that reached $100,000 in sales rose by 30%. The company estimates that sellers have created more than 600,000 new jobs outside of Amazon. Amazon shares were slightly higher premarket, but have gained 18% in the last 12 months, while the S&P 500 has gained 12%.
Copyright © 2017 MarketWatch, Inc.
Continue Reading Below