Tag Archives: Amazon’s revenues and profits are on the rise

As the store rides a tide of pandemic shopping, Amazon’s revenues and profits are on the rise

Amazon.com Inc (AMZN.O), one of the pandemic’s biggest winners, reported record profits on Thursday, indicating that customers will continue to spend in rising the US economy, and that online shoppers are unlikely to quit. Since the outbreak of the coronavirus in February 2020, shoppers have increasingly turned to Amazon for delivery of household essentials, and […]