{"id":187802,"date":"2021-04-30T13:44:16","date_gmt":"2021-04-30T11:44:16","guid":{"rendered":"https:\/\/highxtar.com\/?p=187802"},"modified":"2021-04-30T13:44:16","modified_gmt":"2021-04-30T11:44:16","slug":"amazon-has-been-a-major-beneficiary-of-the-pandemic","status":"publish","type":"post","link":"https:\/\/highxtar.com\/en\/amazon-has-been-a-major-beneficiary-of-the-pandemic\/","title":{"rendered":"Amazon has been a major beneficiary of the pandemic"},"content":{"rendered":"

Amazon’s latest earnings report reveals that the company generated more profit during the pandemic than in the last three years. Its net sales alone grew by 44% in the first quarter of 2021.<\/strong><\/p>\n

\"amazon\"<\/p>\n

It’s all good news for Amazon. Last week we told you that the tech giant<\/strong><\/a> had expanded its service offering with the launch of the first hairdressing salon with augmented reality.<\/strong><\/a> And now, we also know that the pandemic has increased its revenue significantly thanks to the increase in online purchases in 2020.<\/p>\n

Its new earnings report confirms it: the company generated more revenue over the past 12 months than in the previous three years.<\/strong> Amazon earned profits of $26.9 billion between April 2020 and March 31, 2021. Whereas it earned only $24.7 billion between 2017 and 2019. And as for its net sales, they rose by 44% in the first quarter of 2021 compared to $75.5 billion in the same period last year.<\/p>\n

This growth can be explained by the exponential increase in e-commerce during the pandemic. In addition, its streaming channels have also benefited from this scenario<\/strong>, as have its Amazon Web Services.<\/p>\n

If you missed any of Amazon’s latest news, you can catch up here.<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Amazon’s numbers have grown more during the pandemic than over the past three years. They have been the big beneficiaries of e-commerce.<\/p>\n","protected":false},"author":24,"featured_media":187800,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1984],"tags":[2161],"class_list":["post-187802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-en","tag-alba-manuela"],"acf":[],"yoast_head":"\nAmazon has been a major beneficiary of the pandemic - HIGHXTAR.<\/title>\n<meta name=\"description\" content=\"Amazon's numbers have grown more during the pandemic than over the past three years. 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