The Cumshot | Adult Movies Onlinepandemic hit the bodies, hearts, and pocketbooks of most Americans hard. But Amazon did just fine.
Amazon released its earnings report on Thursday for the first quarter of 2021. It gives us a clear picture of how Amazon fared during the pandemic.
So how are Amazon's coffers looking? They are, frankly, overflowing. In January through March in 2021, it reported net income of $8.1 billion. That brings its total pandemic earnings to $26.9 billion. As MarketWatch points out, that's three times as much money as Amazon made in the previous three years combined.
It also tripled its earnings from the first quarter of 2020, when it reported net income of $2.5 billion
In the call, Amazon executives stated that Amazon customers shopped "with greater frequency and in more categories during the pandemic." Amazon also added 50 million Prime members in the last year, for a total of 200 million, whose $120 annual memberships certainly help its bottom line. Its cloud business, AWS, also grew, and its international retail operations were profitable for the first time since 2016.
On Main Street, the story is entirely different. According to a report from Facebook and the Small Business Roundtable, 22 percent of small businesses in the U.S. were closed in February — just one percent shy of the pandemic high, 23 percent, in May 2020.
And a new report from the U.S. Small Business Administration found that "the number of people who were self employed and working was 20 percent lower in April 2020 than in April 2019," with Asian, Black, and Hispanic people hit the hardest. Rebuilding has been slow going, and the current number of self-employed people who are working is still 3.6 percent lower than before the pandemic.
Amazon often says that it empowers small businesses by allowing them to reach customers through its marketplace.
"In 2020, small and medium businesses selling on Amazon saw an estimated $25 billion to $39 billion in profits," Amazon spokesperson Joel Sider said over email. "We invested more than $18 billion to help them reach hundreds of millions of customers, deliver their products, and grow their sales. It is one of the greatest partnership stories in the history of retail."
Then again, Amazon takes a cut of those sales, and even copies the products of independent sellers when they happen to do especially well. As the world gets back on its feet, Amazon's profits probably won't escape the attention of regulators.
UPDATE: May 3, 2021, 2:43 p.m. EDT This story was updated with a comment from Amazon.
Topics Amazon
Tinder's new function could get you more matches but it'll cost youElderly YouTuber individually thanks his thousands of subscribersDad of the year builds his daughter her own 'American Ninja Warrior' courseTrump's nonYou were supposed to leave, not livestreamKanye West's demo of 'Famous' had even harsher words for Taylor SwiftWatch an IRL Dug from 'Up' surprise humans in the parkThere are 230 new emoji on the way in 2019You were supposed to leave, not livestreamCongress is 'deeply troubled' by Apple's FaceTime bug, and it wants answersDad of the year builds his daughter her own 'American Ninja Warrior' courseAnalyzing every detail from the new 'Game of Thrones' Season 8 photosPeople think Adam Levine's Super Bowl tank top looks exactly like their home decorLyft adds EVs, 'green mode' to rideTrump's nonA survival guide for being a woman on the internetJustin Bieber is terrible at disguisesA survival guide for being a woman on the internetTesla Model 3 now costs $35,000 with incentives and gas savingsFeast your eyes on the first 'Game of Thrones' Season 8 photos Wordle today: The answer and hints for January 21, 2025 Best iPad accessory deal: Save $75 on Apple Magic Keyboard Case Keys vs. Svitolina 2025 livestream: Watch Australian Open for free Best QLED TV deal: Save $430 on Samsung 85 The 34 best Australian horror movies (and where to watch them) Is Trump's White House website photo his mugshot? Best tablet deal: Save over $200 on Samsung Galaxy Tab S10+ Djokovic vs. Alcaraz 2025 livestream: Watch Australian Open for free Best gaming mouse deal: Save $20 on Razer Basilisk V3 X Philadelphia 76ers vs. Denver Nuggets 2025 livestream: Watch NBA online NYT Connections hints and answers for January 20: Tips to solve 'Connections' #589. NYT Strands hints, answers for January 20 Samsung soundbar deal: save $210 at Best Buy's Four Day Sale Melania Trump's inauguration hat is fueling lots of reactions on social media NYT mini crossword answers for January 21, 2025 Golden State Warriors vs. Sacramento Kings 2025 livestream: Watch NBA online Best water flosser deal: Save $10 on Waterpik Cordless Pulse China's DeepSeek AI might be smarter than OpenAI's smartest AI Best coffee machine deal: Save $250 on Breville Barista Express Impress Best Garmin deal: Save $34 on Garmin Forerunner 55
2.6837s , 10134.140625 kb
Copyright © 2025 Powered by 【Cumshot | Adult Movies Online】,Defense Information Network