While rival brick-and-mortar retailers have had to shut stores during
government-imposed lockdowns, Amazon hired 175,000 people in recent
months and saw demand for its services soar.
The company said revenue jumped 40% from a year earlier to $88.9 billion.
Amazon had forecast it might lose money in the just-ended second quarter because it expected to spend some $4 billion on protective equipment for staff and other expenses related to COVID-19. It did just that - and still earned $5.2 billion, double its net income from a year prior.
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Amazon posts biggest profit ever at height of pandemic in U.S - Reuters
The company said revenue jumped 40% from a year earlier to $88.9 billion.
Amazon had forecast it might lose money in the just-ended second quarter because it expected to spend some $4 billion on protective equipment for staff and other expenses related to COVID-19. It did just that - and still earned $5.2 billion, double its net income from a year prior.
Read more at
Amazon posts biggest profit ever at height of pandemic in U.S - Reuters
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