Amazon Quarterly Revenue Up 44% YoY – $108B In Q1 2021 Rex Pascual Aktualisiert: 1 September 2021 Amazon is the world’s largest retailer and is still enjoying the results of an uptick in engagement due to the lockdowns of 2020. A calendar year on from the global outbreak of the pandemic and Amazon still continues to perform well. According to data presented by OnlineCasinoMaxi.de, Amazon’s quarterly net revenue experienced a 44% YoY growth in Q1 2021 – $108.52B Amazon Q1 2021 Revenue More Than $100B Momentum from the previous year seems to have continued in 2021 for retailing giants Amazon evidenced by a strong 1st quarter for the year. In the first quarter of 2021, Amazon recorded net revenue of $108.5B – a 44% YoY increase from the $75.5B recorded in Q1 2020. 2021’s first quarter numbers also marks the second quarter in a row that Amazon registered more than $100B in quarterly revenue – the only two times it has done so in the company’s history. Net income for the quarter also experienced a significant growth; from $2.5B in Q1 2020 to $8.1B in Q1 2021- a 224% YoY increase. 3rd Party Sellers Generate 56% Of Sales on Amazon; Physical Stores Also Building Regaining Amazon’s sales generated from third-party sellers rose dramatically in 2020 due to the COVID-19 pandemic and accounted for 56% of Amazon’s total sales in Q2 2021. Amazon’s third party sellers in Q2 2021, generated 25.09B in sales, the second highest figure recorded in the company’s history and a 38% YoY increase from Q2 2020. It trails only the record number set in Q4 2020 of $27.33B Amazon’s global presence in the physical marketplace space was slowly growing prior to the pandemic of 2020. Q1 2020 was the last quarter largely unaffected by the pandemic, when Amazon recorded $4.64B in sales from its physical stores. From Q2 2020- Q1 2021 quarterly sales from Amazon’s physical stores only breached the $4B mark once, in Q4 2020, and just barely at $4.02B. Notably Q2 2021 recorded the highest quarterly sales figures from Amazon’s physical stores since the global outbreak of the pandemic, at $4.2B. Rex Pascual, editor at OnlineCasinoMaxi.de, commented: “Amazon is one of the world’s largest retailers and benefited greatly from the ‘couch commerce’ phenomenon that emerged due to lockdowns imposed by the Coronavirus pandemic. More than a year on from the global outbreak of the pandemic, Amazon looks set to build on the momentum built from 2020 with the situation still fluid in even some of the most developed markets.” Über Rex Pascual Rex is a professional writer and researcher informed by a global perspective that allows him to uniquely analyse numbers and convey them in a relatable way. He specialises in the area of Sports and eSports, as well as having an eye for the latest Financial and Technological trends. Well versed in SEO and other aspects of digital marketing, Rex puts his skills to good use as the owner of a successful writing business in The Netherlands. Alle Beiträge von Rex Pascual Questions & Answers (0) Have a question? Our panel of experts will answer your queries.Post your question Leave a Comment Antworten abbrechenDon't see the answer that you're looking for? Ask us Now!Your question *Name* Email Address * Meinen Namen, E-Mail und Website in diesem Browser speichern, bis ich wieder kommentiere.