Amazon Web Services’ quarterly revenue jumps 32% year on year

As one of Amazon's strongest-growing business segments, Amazon Web Services witnessed a surge in revenue in the last year. According to data presented by BuyShares.co.uk, AWS generated cloud computing and hosting revenues of around $13.5bn in the first quarter of 2021, a 32% jump year-on-year. AWS Annual Revenue Rose by 30% YoY Amid Pandemic One of…