Amazon has delivered more than 1.5 billion items worldwide this holiday season, it announced in a blog post on Monday.
The online retail giant said it was a ‘record break’ with the ‘biggest savings ever, small business growth and community taxes’.
The holiday brought this holiday ‘1.5 billion toys, home products, beauty and personal care products and electronics.’ The score across the entire catalog of the company is probably even higher.
Amazon will release its fourth quarter financial reports next month, which will give a more holistic picture of its business in the last quarter of 2020.
The Seattle company reported a 37 percent increase in sales in the third quarter to a record $ 96.2 billion. It also forecasts sales between $ 112 billion and $ 121 billion for the fourth quarter.
The astronomical growth of Amazon – and the wealth of its CEO Jeff Bezos
Jeffrey (Jeff) Preston BezosWashington Post will add more than 150 jobs next year, bringing the newsroom to a record size. Philanthropist MacKenzie Scott has donated more than a billion over the past four months. came when the company faced renewed monopolistic scrutiny over its dual role as platform operator and vendor.
Amazon reported on Monday that third-party sales increased 50 percent year-on-year and that the company “absorbed” $ 5 billion in operating costs on behalf of the sellers by 2020, both statistics it is likely to use if it faces any legal challenges Com.
The company also stressed that it spent $ 2.5 billion this year on bonuses and incentives for front-line employees. The boost led to a 7 percent growth in wages in a year where Amazon’s share prices rose 70 percent.
According to a recent analysis by the Brookings Institute, Amazon could have more than quadrupled compensation for frontline workers this year and still earn more profit than in 2019.