Amazon reports 37% growth in sales, expects bumper holiday season
Ecommerce behemoth Amazon has reported better-than-expected Q3 results in the pandemic times when people tend to shop more online, as net sales increased 37 per cent to $96.1 billion in the third quarter, compared with $70 billion in the third quarter 2019.
Amazon said that the sales in the fourth quarter will be between $112 billion and $121 billion - a healthy growth from a year earlier. Reuters