India  

Amazon Doubles Profit To $5.8 Billion As Online Shopping Spikes

NPR Thursday, 30 July 2020 ()
The company's sales went through the roof between April and June, hitting close to $89 billion — a 40% increase from a year earlier. Amazon added 175,000 new hires to help keep up with the demand.
0
shares
ShareTweetSavePostSend
 
Video Credit: Wochit Business - Published
News video: Amazon's 2020 Ad Revenue Set To Grow

Amazon's 2020 Ad Revenue Set To Grow 00:40

Amazon will continue to see ad spending growth in 2020. Business Insider reports that Amazon's growth is at a depressed rate when compared with eMarketer's earlier estimate. Amazon will increase its U.S. ad revenue to $13 billion this year. Thats a growth of 23.5% when compared to 2019. According to...

You Might Like


Related videos from verified sources

Amazon's 2020 Second Quarter Was Its Biggest Ever [Video]

Amazon's 2020 Second Quarter Was Its Biggest Ever

Amazon's Q2 2020 was its biggest online sales quarter ever due to the coronavirus pandemic. Amazon racked up $45.8 billion in global online store net sales in the second quarter of 2020. Amazon..

Credit: Wochit     Duration: 00:27Published
Amazon Dominates in Q2 Earnings Report [Video]

Amazon Dominates in Q2 Earnings Report

Amazon continues its dominance in the online marketplace as its Q2 earnings report beat expected revenue by $7.34 billion dollars at $88.9 billion. The company added more than 175,000 jobs since March.

Credit: Cheddar Inc.     Duration: 02:13Published

Tweets about this