The Daily Times Newspaper

Amazon Sees Sales And Profits Grew Strongly In 2018

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Amazon Sees sales and Profits grew Strongly in 2018. The American webshop giant Amazon has obtained considerably higher results in the fourth quarter, with the holiday season.

 

Amazon has a turnover of 72.4 billion dollars, according to Thursday figures from Amazon. It is an increase of 20 percent compared to a year earlier.

Net profit was 3 billion dollars, compared with 1.9 billion dollars a year earlier.

Sales of 232.9 billion dollars were recorded throughout 2018, an increase of 31 percent. Net profit came to 10.1 billion dollars.

Mainly, the first quarter of this year, Amazon anticipates a turnover of 56 billion to 60 billion dollars,

 an increase of 10 to 18 percent compared to last year.

The company also plans a higher operating profit than in the first period of 2018.

Topman is in divorce
Topman Jeff Bezos from Amazon has been in the news lately because of his divorce.

He divorces after a marriage of 25 years from his wife, MacKenzie.

It would be entitled to half of its assets of an estimated $ 137 billion.

At the fair, the news about the separation of Bezos led to some unrest.

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