Amazon tripled its profit in the first quarter of the year

Amazon tripled its net profit in the first quarter to $ 8.1 billion, a sign that the appetite for online commerce is not showing signs of decline, as some countries, including the United States, are emerging strongly from the pandemic, writes AFP, as reported by boursorama. com.

Turnover was $ 108.5 billion, up 44% in annualized terms, given that the giant had already seen strong growth in the first quarter.

Amazon shares were up 4% in electronic transactions after the closing on the New York Stock Exchange.

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The group relies on a turnover between 110 and 116 billion dollars for the current quarter, respectively a 24-30% more in annual terms.

Online commerce and the cloud are two of the sectors that exploded during the pandemic amid massive travel restrictions.