UK crowned Amazon s hottest market as lockdown sales surge
The US tech firm s revenues rocketed by 51pc in Britain last year, as it raked in the equivalent of £290 for every man, woman and child
3 February 2021 • 6:27pm
Amazon s British revenues soared 51pc to $26.4bn (£19.3bn) in 2020 amid a historic Covid online spending spree, with sales growth outstripping all of the retailer’s other major markets.
The spending equates to £290 for every British man, woman and child last year – or to £36,000 a minute – cementing the US firm’s dominance of the retail market.
The sum is more than the sales at John Lewis – including Waitrose – and Marks & Spencer combined in 2019, the latest period for which they have published results. These figures predate the pandemic, and revenues could be significantly lower when the pair report for 2020.