Amazon grew total sales in the second quarter of 2021 by 27% to $113.1 billion — a record for Q2 — but that was lighter than investors had expected, given in part that Prime Day shoppin…
, driven the ecommerce giant’s a desire to obtain the studio’s intellectual property and create new offshoots based on it. The proposed deal is pending regulatory approval.
On July 5, Amazon founder Jeff Bezos stepped aside as CEO, turning over the reins to Andy Jassy, previously CEO of the fast-growing Amazon Web Services division. In his first note to Amazon investors as CEO, Jassy noted that the COVID pandemic over the past 18 months has required the company’s consumer business “to deliver an unprecedented number of items, including PPE, food, and other products that helped communities around the world cope with the difficult circumstances of the pandemic.
Last week, Bezos flew into space as a billionaire space-tourist on a rocket built by his Blue Origin aerospace company.
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