Amazon’s revenue tops $100b for 3rd time in a row


Amazon’s revenue was over $100 billion in the second quarter of 2021, the third time in a row that the e-commerce giant has topped the staggering figure, according to financial results released.

The American firm saw its revenue climb to $113.1 billion in the April-June quarter, up 27.2% from $88.9 billion in the corresponding period last year.

The percentage increase, however, was weaker than the 41% posted in the second quarter of 2020, when the corona-virus pandemic pushed customers towards e-commerce companies.

“Over the past 18 months, our consumer business has been called on to deliver an unprecedented number of items.—AA

Previous articleGold prices decrease by Rs 500 per tola
Next articleRs 40m to be spent on ‘Strategic Underground Gas Storages’ project