World e-Com Blog|EN will generate 31 billion euros in revenue in 202

The e-commerce giant recently released its business data for 2021. In October of that year, data published by the EHI Retail Institute showed that is the industry leader in the country. According to this data, in 2020 the marketplace will have a turnover of 13.9 billion euros.

Growth through cloud services

According to data published by Amazon itself, in 2020, its revenue will be about 25.9 billion euros. In 2021, achieved sales growth of 22 percent (5.7 billion euros). Its revenue was 31.6 billion euros. The growth was mainly due to revenue from advertising and cloud services.

'The e-commerce giant achieved sales growth of 22 percent in Germany.

The company has been the industry leader in Germany for several years after investing heavily in this market. In the first half of this year, the company plans to build eight new logistics buildings in the country. In 2020 alone, the company has invested more than 10 billion euros in its German division.

Less growth in other countries

In other countries, Amazon's sales growth has not been as strong. The company had €23.2 billion in sales in the U.K. in 2020, rising to €27.9 billion in 2020. That's an increase of 4.7 billion euros (20.3 percent). In the U.S., the e-commerce giant increased its sales by 19 percent to 275 billion euros.

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