Growth in Amazon online sales doubles, reaches $46bn in Q2

An overview of Amazon revenue growth during the coronavirus (COVID-19) outbreak.

Amazon has seen record growth in the face of the coronavirus (COVID-19) outbreak, according to company reports. Total net sales reached $88.9bn in Q2 2020, the highest level ever recorded. This is also a year-on-year increase of 40.2% ($25.5bn), the second-quickest rate of growth ever.

Revenue from the online stores segment has skyrocketed, reaching $45.9bn in Q2 2020. This is a year-on-year increase of 47.8%, the quickest rate of growth ever and double the rate of the previous high (+24.3% in Q1 2020).

Revenue from third-party seller services like fulfilment and shipping grew 52.1% in Q2 2020, the highest rate...

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