Thursday 30 April 2020

Amazon sees possible Q2 loss as it forecasts $4 billion in COVID-19-related costs

Amazon sees possible Q2 loss as it forecasts $4 billion in COVID-19-related costs Jeff Bezos, the company#39;s founder and world#39;s richest person, said in a statement, "we#39;re not thinking small," a sign that the e-commerce company would invest heavily during the pandemic. Rival brick-and-mortar retailers have had to shut stores while Amazon hired 175,000 people.

from Moneycontrol Latest News https://ift.tt/3f85cxD

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