Amazon boosted by resilient demand for online shopping

World's biggest online retailer sees shares rise 9%, with net sales of €115.48bn reported in the first three months of the year  

Amazon's first-quarter revenue beat estimates on Thursday, helped by resilient demand for online shopping and cloud services businesses, sending its shares up about 9% in extended trading.

The world's biggest online retailer reported better-than-expected net sales of $127.36bn (€115.48bn) in the first three months of the year and forecast sales between $127bn and $133bn in the second quarter.