Wednesday 22 April 2020

Coronavirus outbreak makes Amazon Live updates Amazin 2020.

Coronavirus outbreak makes Amazon  Live updates Amazin 2020.

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As part of preventive measures against coronavirus, most countries have placed lockdown measures, giving rise to online shopping and thus a boost to revenues of companies like Amazon and Walmart. At a time when many big companies have resorted to unprecedented job cuts due to the havoc wreaked by the COVID-19 pandemic, Amazon has been on a hiring spree. The company has recently recruited thousands of workers to manage the spike in online demand.

Also read: Coronavirus Lockdown India Live Updates: COVID-19 deaths cross 400-mark; Maharashtra's toll highest at 187

Despite criticism over failure to ensure workplace protections amid the pandemic in the United States, Amazon's share has risen 5.3 per cent. The company's India unit has, however, plans to shut down its 2-hour grocery delivery app Prime Now, and all the services of the app would now be moved to the main Amazon app.

Earlier last week, Amazon resumed accepting orders for grocery essentials through Amazon Pantry service. The e-commerce company had stalled its services due to coronavirus lockdown.

Meanwhile, the total number of COVID-19 cases crossed the 12,000-mark as the country formally entered the second leg of nationwide lockdown on April 15. India's tally has climbed to 12,380 comprising 10,477 active cases and 414 deaths, according to the Ministry of Health and Family Welfare. The world tally on coronavirus stands at over 20 lakh, including 1.34 lakh deaths.

The company also sees a risk to cloud computing sales in France, while another business - video on demand - is shaping up to post $100 million more in revenue than Amazon had planned for the first quarter, the document said.

Amazon declined to comment.

The notes, in which Amazon's general counsel wrote critical comments reported by Vice News about an employee it fired on Monday, offer a rare insight into planning inside the world's largest online retailer.

They reflect how the company is rapidly responding to business risks from the novel coronavirus, which has caused a surge in demand for household staples and led to several demonstrations by some Amazon warehouse workers fearful of contagion.

Prime Day, a marketing event Amazon started in 2015 to drum up sales during the summer shopping lull, has previously occurred in July, though the company never publishes the date far in advance.

The decision to delay it means Amazon will have 5 million extra devices it would have expected to sell sooner, items like its suite of voice-controlled Echo speakers that have been popular orders during the event. It also affects third-party merchants who have come to depend on Amazon's platform for revenue.


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