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Amazon’s online grocery sales triple in Q2 as more people get food delivered amid pandemic - Geek Wire
Amazon saw online grocery sales triple year-over-year during the second quarter as more customers get their groceries delivered versus going to a physical store amid the COVID-19 pandemic.
Amazon revealed the growth rate as part of its second quarter earnings report. The Seattle-based company blew past analyst expectations, reporting $88.9 billion in revenue and $5.2 billion in profits, despite spending $4 billion on COVID-19 initiatives.
Customers are relying on Amazon for online shopping as physical stores are closed or operating under social distancing mandates due to the health crisis.
Amazon saw online grocery sales triple year-over-year during the second quarter as more customers get their groceries delivered versus going to a physical store amid the COVID-19 pandemic.
Amazon revealed the growth rate as part of its second quarter earnings report. The Seattle-based company blew past analyst expectations, reporting $88.9 billion in revenue and $5.2 billion in profits, despite spending $4 billion on COVID-19 initiatives.
Customers are relying on Amazon for online shopping as physical stores are closed or operating under social distancing mandates due to the health crisis.