As the world’s largest eCommerce retailer by revenue and market capitalization, Amazon has witnessed explosive growth over the past two years. In 2021, the eCommerce net sales of the retail giant are ...
Amazon net sales increased 23% to $35.7bn (£27.7bn) in the first quarter, while net income jumped from $513m (£397m) to $724m (£561m) during the period.
Amazon (AMZN) delivered a standout earnings report, with net profit margins rising to 11.1% from 8% the year before and earnings soaring 53.4% year-over-year, far above the 5-year average of 30.9% per ...
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