[Amazon Results] Amazon caught by rising inflation and end of Covid

Featured image of the article [Amazon Results] Amazon caught by rising inflation and end of Covid

An article by Sophie Baqué

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Publication

19 September 2022 à 16h41

Updated on 21 October 2022 à 21h44

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2 minutes

Publication: 19 September 2022 à 16h41, Updated on 21 October 2022 à 21h44

Reading time: 2 minutes

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In Q2 2022, Amazon's total revenue fell by 4.6% year-on-year. After falling 3% in Q1 2022, online sales fell another 0.5%.

An article by Sophie Baqué

Add mind Retail to your sources
Publication

19 September 2022 à 16h41

Updated on 21 October 2022 à 21h44

Reading time

2 minutes

Publication: 19 September 2022 à 16h41, Updated on 21 October 2022 à 21h44

Reading time: 2 minutes

Share
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In Q2 2022, Amazon‘s e-commerce sales declined for the second quarter in a row after 20 years of growth. Online sales, which account for 48.8% of Amazon’s revenues, fell very slightly by 0.5% to US$53.16 billion. Total revenue also fell by 4.6% to US$108.5 billion, from US$113.1 billion a year earlier.

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