Amazon has predicted slow sales growth in the third quarter of the year as a boost from the Covid pandemic subsides.

Customers had relied on them and other online platforms during the Covid crisis, which led them to record profits.

The company’s breakneck growth is beginning to level as customers start to return to bricks and mortar shops.

Revenue has climbed 27% to $113bn (£81bn) in its second quarter, however, this missed analysts’ expectations.

Amazon shares have fallen more than 7% after-hours trade.

During the earlier periods of the Covid pandemic, the US Giant recorded profits, signing up more than 200 million customers to its Prime service, and recruited more than 500,000 workers to keep up with surging demand.

However, the vaccine rollouts and easing of restrictions have led some consumers to make purchases in stores, also using click-and-collect services


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