This Amazon Segment Is Poised to Reaccelerate in 2022
Amazon (NASDAQ: AMZN) saw a significant slowdown in revenue growth in the third quarter. The decline was most significant in its main online retail business. Total online store sales grew just 3% over the year-ago period. Meanwhile, growth in third-party seller services -- that is, for other businesses which sell on the Amazon platform vs. Amazon's own goods -- slowed to 18% from 53% a year ago.
But as Amazon moves through the busy fourth quarter and gears up for 2022, there's reason to believe its third-party seller services will see a reacceleration from the second half of 2021. Here's why investors should expect good things from this valuable business segment.
Adjusting a robot in an Amazon warehouse. Image source: Amazon.
Source Fool.com
