Posted on Apr 28, 2022
Amazon suffers shocking $3.8bn quarterly loss
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Amazon suffered a $3.8bn loss in the first quarter of 2022, the retailing giant revealed on Thursday.
The unusually poor showing comes after Amazon’s stock in Rivian, an electric auto maker, plummeted by $7.6bn, along with other recent difficulties.
“The pandemic and subsequent war in Ukraine have brought unusual growth and challenges,” the company’s CEO, Andy Jassy, said in a statement.
The unusually poor showing comes after Amazon’s stock in Rivian, an electric auto maker, plummeted by $7.6bn, along with other recent difficulties.
“The pandemic and subsequent war in Ukraine have brought unusual growth and challenges,” the company’s CEO, Andy Jassy, said in a statement.
Amazon suffers shocking $3.8bn quarterly loss
Posted from independent.co.ukPosted in these groups: 
Amazon
Amazon
Posted 2 y ago
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I think some of their lost was contributed by, being the middle man for some China vendor, that takes 3 months to receive the item from them.
If I would have known that the item(s) come from and sent from a China based vendor, I would have never bought it.
A lessen well learned.
If I would have known that the item(s) come from and sent from a China based vendor, I would have never bought it.
A lessen well learned.
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PO1 William "Chip" Nagel
..."“The pandemic and subsequent war in Ukraine have brought unusual growth and challenges,” the company’s CEO, Andy Jassy, said in a statement."...
..."“The pandemic and subsequent war in Ukraine have brought unusual growth and challenges,” the company’s CEO, Andy Jassy, said in a statement."...
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