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Amazon eCommerce

As the world’s largest eCommerce retailer by revenue and market capitalization, Amazon has witnessed explosive growth over the past two years. In 2021, the eCommerce net sales of the retail giant are expected to hit over $146bn, or $60bn more than in 2019, and the increasing trend is set to continue next year. According to …

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Amazon Prime Day sales

Prime Day 2021 generated the highest sales for Amazon so far but had less impact than the 2020 event. Although the eCommerce giant generated around $11.2bn in revenue from the products sold during the two-day shopping event, Prime Day sales growth significantly slowed down compared to recent years. According to data presented by Stock Apps, …

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Cloud vendors quarterly revenue

The cloud computing industry continued its impressive growth in 2021, bringing huge profits for the market’s largest players. According to data presented by Stock Apps, the world’s five largest cloud vendors hit $47.5bn in quarterly revenue. Microsoft and Amazon generated 65% of that value. Amazon Azure`s Quarterly Revenue Jumped by 50% YoY, AWS up by …

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Big five tech giants market

After their impressive performance throughout the entire last year, tech stocks continued rising strongly in the first months of 2021. According to data presented by Stock Apps, the combined market cap of the big five tech companies, Apple, Microsoft, Amazon, Alphabet, and Facebook, hit $7.8trn last week, a 52% increase year-over-year. Amazon’s Market Cap Soared …

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Big Five companies market

As opposed to the automotive industry, hotel chains, airlines, and millions of SMEs fighting to cope with the COVID-19 crisis, the world’s leading tech companies have been remarkably unaffected by the effects of the coronavirus outbreak. Defying the state of the global economy, three out of the Big Five companies, including Apple, Microsoft, Amazon, Google, …

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Shopping apps downloads in

The coronavirus outbreak left a significant mark on the retail industry, forcing people to change their shopping habits and prioritize spending. Even after countries lifted lockdowns, many consumers presumed cautious about going to the brick-and-mortar shops, causing a surge in the use of shopping apps. According to data presented by Stock Apps, Amazon, Shein, and …

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Alibaba Group and Amazon Q2 2020

While many Chinese companies have faced severe challenges and losses caused by the coronavirus outbreak, Alibaba Group is emerging as one of the country’s biggest corporate winners of the COVID-19 crisis. The multinational tech giant gained the opportunity to expand its business during the first half of 2020, as demand for its services and online …

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