As Mentioned in the E-commerce News- Company will Spend the entire Operating Profit of the June Quarter on Coronavirus Prevention Measures. Seattle's based Ecommerce company Amazon sales rose from $59.7 billion to $ 75.5billion.
⇛In the latest E-commerce News Report, the E-commerce platform Amazon said that its sales are 26 percent larger in the first quarter of the business year. Amazon's sales in the year-ago quarter were $ 59.7 billion. In the quarterly results announced, the company has promised that in the second quarter of the current year it will spend its entire operating profit on corona prevention measures. It also includes new safety measures including masks for workers and new costs that increase the perquisites of delivering goods to customers at their homes.
⇛Company founder and CEO Jeff Bezos has said that from online shopping to web services and from Amazon Prime Video to Fire TV all of them present the adaptability and durability of Amazon's business in times of current crisis. However, this is the worse time yet for the company.
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