Global  

Amazon's 2020 Second Quarter Was Its Biggest Ever

Video Credit: Wochit News - Duration: 00:26s - Published
Amazon's 2020 Second Quarter Was Its Biggest Ever

Amazon's 2020 Second Quarter Was Its Biggest Ever

Amazon's Q2 2020 was its biggest online sales quarter ever due to the coronavirus pandemic.

Amazon racked up $45.8 billion in global online store net sales in the second quarter of 2020.

Amazon exceeded the $45.7 billion it brought in during the forth-quarter of 2019.

Business Insider reports that Its Prime subscription thrived in the second quarter, building Amazon's base of loyal customers.


You Might Like


💡 One News Page Knowledge: Other News Mentions

Amazon (company) Amazon (company) American technology and e-commerce company

You can save up to $15 on the Apple Watch Series 6 or SE at Amazon

At Amazon, you can save $15 on the total cost of an Apple Watch Series 6 or Apple Watch SE. It’s not a huge discount, but per a deal post at AppleInsider,..
The Verge

Amazon’s Fire TV Stick Lite leaks ahead of upcoming hardware event

The new Amazon Fire TV Stick Lite, most likely. | Image: WinFuture.de

Images of what appear to be a new Amazon Fire TV Stick have leaked ahead of the..

The Verge

Amazon disavows $500 “Prime Bike,” says it has no formal connection to the product

Echelon Fitness’ “EX-Prime Smart Connect Bike” or “Prime Bike.” | Image: Echelon

Yesterday, exercise company Echelon Fitness announced the..

The Verge

It looks like a bunch of soon-to-be-disappointed people accidentally bought Xbox One X’s today

Photo by James Bareham / The Verge

Today, Microsoft launched pre-orders for its upcoming next generation console, the Xbox One X. Sorry, I meant the..

The Verge

Amazon Prime Day will begin October 13th, multiple sources say

Illustration by Alex Castro / The Verge

An internal Amazon email seen by The Verge confirms that its Prime Day shopping event will take place October..

The Verge

Business Insider Business Insider Financial and business news website published by Insider Inc.

Amazon's Dominance Under Threat: Walmart, Instacart [Video]

Amazon's Dominance Under Threat: Walmart, Instacart

Hi! Welcome to the Insider Advertising daily for September 22. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected] Today's news: Walmart and Instacart chip away at Amazon's ad dominance, Quibi mulls a sale, and Suzy raises $34 million.

Credit: Wochit News    Duration: 00:33Published
Financial Planners Reveal What To Consider Before Buying A Second Home [Video]

Financial Planners Reveal What To Consider Before Buying A Second Home

With record low-interest mortgage rates and a collective pandemic-driven desire to get out of town, many people are seriously considering buying a second home. According to Business Insider, financial planners say there are three things that potential buyers should think about before taking the plunge. Business Insider reports that first, you need to have your own financial house in order. Be on track for retirement, and have absolutely zero high-interest debt.

Credit: Wochit News    Duration: 00:41Published
Jack Ma's Ant Group Putting Together Largest IPO In History [Video]

Jack Ma's Ant Group Putting Together Largest IPO In History

Business Insider reports that Jack Ma's Ant Group is looking to raise its funding target to $35 billion through its initial-public-offering. Ant is Alibaba's fintech arm and China's dominant mobile-payments service. Ant raised its valuation to $250 billion from $225 billion. Previously, the company expected to raise $30 billion. When Ant goes public, its listing will likely be the largest IPO in the world.

Credit: Wochit News    Duration: 00:24Published
If Wages Had Kept Up With GDP, This Is What The Median Salary Would Be In The US [Video]

If Wages Had Kept Up With GDP, This Is What The Median Salary Would Be In The US

Wages in the US have not kept up with the pace of growth in the gross domestic product, or GDP, as they used to in the 1950s and 1960s. In fact, a new report finds that the median salary would have been as high as $102,000 for a full-time employee if wages increased at the same pace as GDP. According to Business Insider, the median income right now is half that, at $50,000. The average wage of 44% of workers before the pandemic was as low as $18,000.

Credit: Wochit News    Duration: 00:34Published
Black Americans Don't Invest As Much As Whites Do, And The Reasons Are Complex [Video]

Black Americans Don't Invest As Much As Whites Do, And The Reasons Are Complex

While the investing gap between black and white Americans is narrowing, it's still significant. What's more, there is no one single reason for discrepancy. In 2015, 67% of black households earning $50,000 or more invested in stocks or mutual funds, versus 86% of similar white households. And according to Business Insider, Duke University researchers say the median black household holds just 10% of the wealth of the median white household.

Credit: Wochit News    Duration: 00:42Published

Tweets about this


Related videos from verified sources

UK nosedives into biggest recession on record [Video]

UK nosedives into biggest recession on record

Britain has officially entered into the largest recession on record afterfigures showed the pandemic sent the economy plunging by 20.4% between Apriland June. The Office for National Statistics (ONS)..

Credit: PA - Press Association STUDIO     Duration: 01:09Published
BoA: Reasons To Buy Discount Store Stocks [Video]

BoA: Reasons To Buy Discount Store Stocks

Business Insider reports that banks' and tech giants' earnings largely impressed Wall Street. Bank of America says discount stores are set to post similarly positive results, according to Bank of..

Credit: Wochit     Duration: 00:50Published
Bezos Sells $3.1 Billion In Amazon Stock [Video]

Bezos Sells $3.1 Billion In Amazon Stock

Amazon CEO Jeff Bezos sold more than $3.1 billion worth of his company's stock between Monday and Tuesday. Business Insider reports the two-day selling spree surpassed the $2.8 billion worth of Amazon..

Credit: Wochit     Duration: 00:29Published