Amazon's results have been boosted by growth in its cloud computing services and its second annual Prime Day

Mark Sands
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Web retailer Amazon beat analyst expectations with its results (Source: Getty)

Amazon has been boosted by growth in cloud computing to record better-than expected earnings.

The web retailer saw revenues climb 31 per cent to $30.4bn, above analyst forecasts of $29.6bn and up from last year's equivalent figure of $23.2bn.

Its Amazon Web Services business recording saw takings up 58.2 per cent to $2.83bn.

Amazon also reported that its second ever Prime Day promotions saw the firm record its largest ever sales day.

"It's been a busy few months for Amazon around the world, and particularly in India - where we launched a new [Amazon Web Services] Region, introduced Prime with unlimited free shipping, and announced that Prime Video is coming soon, offering Prime members in India exclusive access to Amazon Original Series and Movies - including original content featuring top Indian creators and talent," said chief executive Jeff Bezos.

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