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by feudalism 1873 days ago
Net Income Comparison:

2020 Q1: $2.5 billion

2021 Q1: $8.1 billion

The pandemic has been good to amazon.

2 comments

Amazon has been a treasure to people enduring the pandemic, you mean.

Had they not been thoroughly competent, the pandemic would've destroyed them.

Many large companies emerged worse for the pandemic.

Sure, but almost all ecommerce companies saw huge growth due to the pandemic. Even for absolutely optional goods.
You mean e-commerce, because most stores experienced devastating losses. The whole market accelerated it's transition to online experiences.
> The pandemic has been good to amazon.

And to most other tech companies.