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According to Reuters, the company said revenue jumped 40 percent from a year ago to $ 88.9 billion.
While traditional stores have had to stop during government-imposed closures, Amazon has employed 175,000 people in recent months and has seen a strong increase in demand for their services. >
Amazon had warned of a possible loss in the second quarter of the year due to spending about $ 4 billion on protective equipment for workers and other expenses linked to Covid-19. But the company made $ 5.2 billion in profit, twice the net profit a year ago.
Online store sales jumped 48 percent to $ 45.9 billion in the second quarter. The company expected net sales between 87 and 93 billion dollars for the third quarter. Analysts on average expected revenue of $ 86.34 billion, according to EBS data from Refinitiv.
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