Amazon.com founder Jeff Bezos Photo: Reuters/Scanpix
After a nearly two-year post-pandemic hangover, Amazon finally seems to be getting back on its feet. Q2 results and an encouraging outlook for the future are only part of what the e-commerce giant can achieve in the long term.
Last year Amazon proved extremely difficult. The company’s already low profit margins were subject to rising costs. The company’s cloud technology division Amazon Web Services (AWS) experienced a sharp decline in profits, and Amazon The e-commerce business turned into a loss.
2023-08-22 08:08:50
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