Online retail giant
Data acquired and calculated by Finbold indicates that the eCommerce firm generated
Among seven selected top tech companies,
As of Q1 2021, Microsoft revenue per minute was
Elsewhere, electric vehicle manufacturer
Digital shift spurs growth in revenue per minutes
The report explains how the seven selected companies benefited from the coronavirus pandemic to record the high revenue per minute. According to the research report:
"The revenue for the companies shows the gains made during the coronavirus pandemic. The health crisis pushed more activities online and these companies were well-positioned to benefit as they sold services people needed. Big tech firms have earned a reputation of being in the right place at the right time. Notably, the pandemic accelerated digital transformation in education, health care, remote work, and e-commerce, boosting the companies profitability."
With the tech companies dominating, questions on the market monopoly are still lingering.
Read the full story with statistics here: https://finbold.com/amazon-generates-over-800000-in-revenue-per-minute-a-44-increase-in-a-year/
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