Sunday, 28 April 2019

AMAZON COMPANY HAS RECORD BREAKING REVENUE MARCH 19 QUARTER



AMAZON COMPANY HAS  RECORD BREAKING REVENUE MARCH 19 QUARTER

Established  23 years ago
Amazon is worlds largest E-Commerce company

Amazon is 8 times larger than Reliance industries

Because of earning from Amazon Jeff bezos has reached to number one position in the world

Amazon has earn a lot of profit in in quarter ending march  

Amazon has earned 25200 crore rupees in January March quarter

This is amazon's biggest ever largest ever profit in any quarter

Profit is more than 2 times compared to January March quarter last year

Last year January March quarter Amazon has earned only 11410 crore rupees profit


Amazon sales has actually decrease however advertising cloud, third party sellers servicing
Has increased huge profit so total profit has increased drastically

Mukesh ambani's Reliance industries has to struggle a lot to compete with Amazon

Reliance industries is India's largest private sector largest profit making company

Reliance industry has earned 10362 crore rupees profit in quarter ending March

Amazon's profit in first quarter is 2.5 times more than Reliance industries Limited

Mukesh ambani's also I want to enter into E-Commerce business

Mukesh ambani wants to surfers and defeat Amazon

However it is not easy to defeat or surpass Amazon for Reliance industries Limited

Jeff bezos of Amazon has sold first book 23 years before in 1995

After that Amazon did not stop for a single second

Today Amazon is world's largest eCommerce company

After Apple it is worlds 
second largest company



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