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Home » Data » [Amazon Results] Despite solid profitability in Q2, Amazon’s higher investments and U.S.A. pre-election worries unsettle financial markets

[Amazon Results] Despite solid profitability in Q2, Amazon’s higher investments and U.S.A. pre-election worries unsettle financial markets

Despite fierce competition from Temu and Shein, Amazon reported a solid margin in Q2, driven by the acceleration of AWS and the digital marketplace. Whereas staff lay-off plans have been put on hold, the e-commerce slowdown combined with uncertainty over the U.S.A. election in November are worrying the markets.

Through Rudy Degardin, Sophie Baqué. Published on 26 August 2024 à 11h32 - Update on 26 August 2024 à 12h06
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On August 1, 2024, Amazon published financial results for Q2 2024. While sales were in line with analysts’ expectations, profits exceeded forecasts. Amazon’s quarterly revenue grew by 10% at constant exchange rates,…

Rudy Degardin, Sophie Baqué
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