Amazon makes a profit increase of over a thousand percent



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Amazon's new quarterly report shows shocking numbers. Sales increased 39% to approximately $ 53 billion. The giant could also post a net profit of $ 2.5 billion, which is a doubling of what we thought.

Net profit for the quarter compared with the same period last year was 197 million. This means an increase of 1,186%.

DI writes that the positive numbers of Amazon are a nightmare for retail.

"This means that Amazon has even more money that can be invested in the depletion of its competitors, including sugar offers to its core members who have now spent 100 million. Amazon's market share in the US electronic market has recently been estimated at 49% of electronic markets, an almost improbable dominance, "said DI.

Even when Amazon posts the results of its activities In the second quarter, Digiday reports that the company has increased revenue by 129 per cent since the same period last year, which now stands at nearly $ 2.2 billion.

] With growth, many marketers now see Amazon as the third largest media partner, after the Facebook and Google giants online.

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