Amazon’s $1 Billion Move Towards Net Zero: Logistics Electrification Across Europe
From Barchart: 2025-01-17 18:23:37
- Amazon announces plans to launch a new delivery service in Canada, aiming to expand its reach and improve delivery times for customers across the country.
- The e-commerce giant Amazon reports a 44% increase in net sales for the first quarter of 2021, reaching a total of $108.5 billion, surpassing Wall Street expectations.
- Amazon Web Services (AWS) experiences a 32% growth in revenue, generating $13.5 billion in the first quarter, highlighting the continued demand for cloud computing services.
- The company’s advertising business also sees significant growth, with revenue jumping 77% to $6.9 billion in the first quarter, reflecting the increasing importance of digital advertising in the e-commerce industry.
Read more at Barchart: Amazon’s $1 Billion Move Towards Net Zero: Logistics Electrification Across Europe