[Amazon Results] Amazon caught by rising inflation and end of Covid
In Q2 2022, Amazon's total revenue fell by 4.6% year-on-year. After falling 3% in Q1 2022, online sales fell another 0.5%.
Article by Sophie Baqué and Aymeric Marolleau, published on 19 September, 2022
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In Q2 2022, Amazon‘s e-commerce sales declined for the second quarter in a row after 20 years of growth. Online sales, which account for 48.8% of Amazon’s revenues, fell very slightly by 0.5% to US$53.16 billion. Total revenue also fell by 4.6% to US$108.5 billion, from US$113.1 billion a year earlier.
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