E-commerce: Amazon announces Q1 revenue of $75.5 billion, smashing expectations
Yesterday evening, Amazon reported its earnings for the first quarter of 2020. The leading E-commerce platform beat expectations with a revenue of $75.5 billion, surpassing the $73.61 billion analysts had anticipated. In comparison with Amazon’s revenue for the same...
E-commerce: Amazon India strengthens its partnership with Indian Railways by adding 55 railway lanes
In October last year, J&P reported that Amazon India had partnered with Indian Railways to create an efficient parcel transportation network between New Delhi and Mumbai. Amazon India was using 13 railway routes, but it was revealed on Monday that they will be...
E-commerce: Amazon partners with food banks to deliver 6 million meals to the vulnerable
Amazon, in co-operation with US foodbanks, has launched operations across seven major US cities to deliver meals to the vulnerable and elderly during the COVID-19 pandemic. The E-commerce platform plans to deliver a total of 6 million meals by the end of June and will...
