Amazon posts $108.5bn in quarterly sales driven by pandemic shopping
The e-commerce giant has been among the biggest beneficiaries of the coronavirus pandemic
29 April 2021 - 23:57
Amazon.com reported a big increase in sales and gave a bullish forecast, continuing a streak of rapid growth even as vaccine rollouts raised the prospect of a return to pre-pandemic shopping habits in the US.
First-quarter revenue jumped 44% to $108.5bn, exceeding analysts’ estimates. Earnings were $15.79 a share, also better than Wall Street expected...
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