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CLAIM #7314 · Amazon.com Inc (AMZN) · 2023Q4 earnings call · Feb 1, 2024 · due Dec 31, 2024

we expect it will allow us to have a healthy business to continue to invest in content and to continue to grow that.

Brian Olsavsky · CFO

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versus commitment · official band 5 percent
Committed
we expect it will allow us to have a healthy business to continue to invest in content and to continue to grow that
Reported
We wrapped up our first year of Prime Video ads, and we're quite pleased with the early progress and head into this year with momentum.

In context

he cost to serve. And I might add, at the same time, increase the customer experience because we did that -- we had that cost improvement at the same time when we at first got back to our shipping speeds from pre-pandemic and then exceeded them. So we're happy with that, and we'll continue to do both to improve the customer experience and also to lower our costs and leverage our cost structure. Yes, your second question on ads. I can't scale it right now. I mean what I would say for ads in videos is that advertisers are excited to access our Prime customer base. We are looking for ways to increase our advertising in our streaming properties, including Fire TV, but also -- and Prime Video, but also things like Freevee and Twitch. And it's an important part of the total business model, and we expect it will allow us to have a healthy business to continue to invest in content and to continue to grow that. And we feel good about it, and the way we anticipate the ads progressing, we will not have heavy ad loads relative to see other network TV and other things. And like all of our advertising, we're trying to be useful for customers. Operator: And our next question comes from the line of Scott Devitt with Wedbush Securities. Please proceed with your question. Scott Devitt : Thanks. I have one on grocery and one on healthcare. First, on grocery, I was wondering if you could talk a bit about the progress that you're making in unifying the offering between Dotcom, Fresh and Whole Foods. And as it relates to reverse logistics and using the grocery facilities, how that's lowering the cost of logistics and whether there is a significant opportunity there in terms of driving traffic and revenue in

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SEC filings for AMZN · Claim quote is verbatim from the 2023Q4 earnings call.