Amazon Reports $3.8B Loss, Looks at Rocky Near Term
Juozas Kaziukenas, founder and CEO of Marketplace Pulse, agreed with Sebastian that subsequent quarters should take care of the over-capacity issue. He added that with ecommerce demand being pulled forward and then back again by the pandemic cycle, “it’s back on the trendline it was before COVID, and so is Amazon.”
“So, Amazon failing to grow in Q1 only looks bad when ignoring the two-year context,” he said. “Quarters to come are much more important as they will be compared against 2021 which was no longer boosted by COVID. If Amazon is still showing weak growth in Q3 and beyond this year, then that’s a concern.”