Amazon delivered more than 1.5 billion items globally this holiday season, it announced on a blog on Monday.
The online retail giant said it had a “record holiday season” this year with “the biggest economy ever, small business growth and donations to the community”
He delivered “1.5 billion toys, household products, beauty products and personal and electronic care worldwide this holiday.” The count across the company’s catalog is probably even higher.
Amazon is due to 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-based company reported a 37% increase in sales in the third quarter, reaching a record $ 96.2 billion. He also predicts sales between $ 112 billion and $ 121 billion in the fourth quarter.
Amazon’s astronomical growth – and its CEO’s wealth Jeff Bezos
Jeffrey (Jeff) Preston BezosWashington Post will add more than 150 jobs next year, taking the newsroom to a record size Philanthropist MacKenzie Scott has donated more than billions in the past 4 months Biden considers Gina McCarthy to be a domestic climate czar – emerged at a time when the company faces renewed antitrust scrutiny over its dual role as operator and platform provider.
Amazon said on Monday that third-party sales increased 50 percent year-over-year and that the company “absorbed” $ 5 billion in operating costs on behalf of these vendors during 2020, both statistics that it is likely to deploy if it faces any challenges. cool.
The company also pointed out that it spent $ 2.5 billion in bonuses and incentives for frontline employees this year. These increases represented an increase of approximately 7% in wages in a year in which Amazon’s stock prices increased by 70%.
According to a recent analysis by the Brookings Institute, Amazon could have more than quadrupled the pay of frontline workers this year and still have made more profit than in 2019.