Amazon announces loss as sales slow

Date : 03 May 2022

Simon Mayhew

Head of Online Retail Insight

Amazon's net sales increased by 7% year-on-year (YoY) to $116.4bn and operating income decreased (59)% to $3.7bn for the first quarter (ended March 31). International business in decline Sales from Amazon’s international segment declined (6)% YoY, compared to North America which grew 8%…
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