Amazon's Q4 2022 revenue growth slowdown is related to sluggish cryptocurrency trading activity

ChainCatcher news, according to The Block, Amazon AWS's previously released Q4 2022 financial report shows that AWS's revenue grew by 20% in the fourth quarter last year, down from 27% in the third quarter. AWS Chief Financial Officer Brian Olsavsky stated during the earnings call that the sluggish cryptocurrency trading activity was part of the reason for the slowdown in AWS's revenue growth in the fourth quarter.

Yesterday, Amazon's recruitment page indicated that AWS is hiring a Senior GTM Specialist for its Web3 business. (Source link)