E-Commerce

AMAZON REPORTS $111BN QUARTERLY SALES

The American company Amazon has reported a quarterly  sales of $110.8 billion with a 15% growth.

During the quarter ended on September 30, 2021, US e-commerce giant’s operating income dropped to $4.8 billion ($6.2 billion), while operating expenses totaled to $105.9 billion ($89.9 billion).
By segment, sales from North America in Q3 FY21 rose 10 per cent to $65.5 billion ($59.4 billion), while international sales increased accelerated 16 per cent to $29.1 billion ($25.2 billion).
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