Amazon delivered more than 1.5 billion items worldwide this holiday season, it announced Monday in a blog post.
The online retail giant said it had a “record holiday season” this year with “greater customer savings, small business growth and community donation.”
This holiday delivered “1.5 billion toys, household products, beauty and personal care products and electronic products worldwide.” It is likely that the count of the entire company catalog will be even higher.
Amazon will release its fourth-quarter financial reports next month, which will give a more comprehensive view of its business during the last quarter of 2020.
The Seattle-based company reported a 37% increase in sales in the third quarter to a record $ 96.2 billion. It also forecast sales of between $ 112 billion and $ 121 billion for the fourth quarter.
The astronomical growth of Amazon and the wealth of its CEO Jeff Bezos
Jeffrey (Jeff) Preston BezosWashington Post will add more than 150 jobs next year, achieving record-breaking writing. Philanthropist MacKenzie Scott has donated more than a billion in the last four months. – has arrived while the company is facing renewed antitrust control over its dual role as operator and platform provider.
Amazon reported Monday that third-party sales rose 50 percent year-over-year and the company “absorbed” $ 5 billion in operating costs on behalf of those sellers during 2020, statistics it will likely roll out if it faces any legal challenge.
The company also noted that this year it spent $ 2.5 billion in bonuses and incentives for front-line employees. These impulses reached a growth of approximately 7% in wages in a year in which Amazon stock prices rose by 70%.
According to a recent analysis by the Brookings Institute, Amazon could have more than quadrupled compensation for front-line workers this year and still make more profits than in 2019.