11:16 - 29.04.2022

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April 29, Fineko/abc.az. Amazon has released a quarterly loss report for the first time since 2015.

ABC.AZ informs with reference to the report that company’s revenue in the period from January to March increased by 7.3% to $116.4 bn (slightly less than the forecast of $116.46 bn). Amazon’s sales totaled $108.5 bn for the same term of 2021.

Amazon, which announced profit of $8.1 bn for Q1 of 2021, lost $3.8 bn for the same period of this year.

By Elmir Murad