Amazon's online grocery sales tripled as people stayed home amid the coronavirus pandemic
Online grocery sales tripled year over year in the company's second quarter.The spike in online grocery shopping is largely driven by Prime subscribers who are ordering more products from the online retailer.Amazon' online grocery sales tripled in the second quarter as a result of stay-at-home orders and COVID-19 fears.on Thursday, company executives explained that Amazon has seen a surge in online grocery sales compared to the previous year.
Amazon Chief Financial Officer Brian Olsavsky spoke to analysts at the top of the call, describing how "Prime members shop more often with larger basket size" since the springtime. He said that Prime subscribers are driving much of the "super high" grocery demand.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Faces of some of the more than 150,000 lives lost in US to coronavirusBREAKING: The U.S. death toll for the coronavirus has climbed over the grim milestone of 150,000—more than the deadliest flu season in recent years.
Weiterlesen »
Prince William and Kate Middleton's stunning country unveiled: see where they have been staying during the coronavirus pandemicPrince William, Kate Middleton, Prince George, Princess Charlotte and Prince Louis have been staying at their home Anmer Hall in Norfolk during the coronavirus COVID-19 pandemic.
Weiterlesen »
PayPal beats estimates with 86% profit jump on pandemic spending shiftE-commerce payments processor PayPal Holdings Inc beat Wall Street estimates on Wednesday with an 86% increase in quarterly profit, driven by the shift to online spending amid the coronavirus pandemic.
Weiterlesen »
Lean and mean business strategy blew up during coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
L.A. County shuts down three food businesses over unreported COVID-19 outbreaksThe move comes amid increased enforcement against businesses failing to comply with coronavirus rules.
Weiterlesen »
Boeing Global Services reports loss due to coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »