Future Tech

Amazon beats quarterly sales estimates

Tan KW
Publish date: Fri, 29 Jul 2022, 07:59 AM
Tan KW
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Future Tech

 Amazon.com Inc beat Wall Street estimates for quarterly sales on Thursday, as it raked in more fees from its Prime loyalty subscribers as well as from merchants using it services to sell and ship goods.

The world's biggest online retailer said net sales were $121.23 billion in the second quarter, compared with analysts' expectations of $119.09 billion, according to IBES data from Refinitiv.

 


  - Reuters

 

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