How Amazon is passing on inflation costs ...Middle East

Quartz - Economy
How Amazon is passing on inflation costs
source : Quartz ( Middle East ) () 27
The pandemic boom for Amazon is no more. The ecommerce giant reported its first quarterly loss since 2015 on Thursday, sending its share price plummeting.The company recorded a net loss of $3.8 billion for the first three months of the year as rising prices drove up costs in its consumer marketplace business. During that period, inflationary pressures added approximately $2 billion in expenses to the firm compared to a year ago.Amazon was one of the major beneficiaries of the pandemic lockdowns that shut brick-and-mortar businesses for lengthy periods of time. But a return to social activities twinned with record inflation has put pressure on Amazon’s margins. It’s now impractical not to pas

Read More Details
Finally We wish PressBee provided you with enough information of ( How Amazon is passing on inflation costs )

Also on site :



Latest News

JA Solar with 23 Leading Solar Companies unveils the first Initiative for Global Solar Sustainable Alliance at UNGC's summit

before 53 minute

Unlocking the Hidden Value of Used Electric Vehicle Batteries

before 2 hours & 34 minute

Trump’s Foreign Policy Shifts Reshape European Defense Strategy

before 4 hours & 28 minute

Patients navigate an ‘absolutely insane’ maze to afford weight-loss drugs

before 8 hours & 20 minute

Mindray presenta il sistema di monitoraggio pazienti di nuova generazione BeneVision Serie V all'Euroanaesthesia 2025

before 8 hours & 31 minute

Mindray presenteert BeneVision V Series, een systeem voor patiëntbewaking van de nieuwe generatie, tijdens Euroanaesthesia 2025

before 8 hours & 32 minute

Millions of Americans hit with bad credit after missed student loan payments

before 9 hours & 26 minute

Nvidia, Costco, and Fed minutes: What to watch in the stock market this week

before 10 hours & 30 minute

Energy bills: How to make sure you find the cheapest deal

before 11 hour & 26 minute

Starmer has delivered some key wins for the UK recently, so why is he so unpopular?

before 13 hour & 31 minute

H3C fait ses débuts au GITEX Europe avec la stratégie « Synergy+ » pour donner un nouvel élan à l'ère de l'IA

before 14 hour & 14 minute

Hisense erweitert ITS ConnectLife-Plattform auf Geräte von Drittanbietern über Home-APIs von Google

before 15 hour & 19 minute

Canada’s Atlantic LNG Dreams Just Got Pricier

before 20 hour & 28 minute

Tesla Super Bull Boosts Price Target to $500, Sees "Golden Age Of Autonomy"

before 22 hour & 44 minute

La innovación de Raytron ayuda a los científicos a rastrear la biodiversidad como nunca antes

2025-5-24