Amazon had said that they are going to incur additional billion dollars to make sure that the people get their timely deliveries before the start of the festivities during the holiday period. There are many holiday Shoppers who are quite forgetful and who need to get the last-minute stuff delivered to them.
It happens. We are all human beings, after all. But Amazon has got you covered in case if you have to do some last-minute holiday shopping and you do not want to go out in the pandemic any more than is absolutely necessary.
The company had also assured that they are doing everything in their power to make sure that the people are not disappointed with the service that they are getting. This policy and the extra money that is being spent to make those last-minute deliveries reach on time to the customer is an incredibly good way to ensure that the investors, as well as the customers, are happy with Amazon.
“It will no doubt be expensive for us in the short term, but considering all and everything I must say that it is the right prioritization for our customers and partners,” Jassy had said in a statement that was made to the news.
All this aside, we need to point out something about the revenue of Amazon after the third quarter. The data that was released had shown us that there is a revenue of $110.8 billion. We see that’s a boatload of money, and maybe that’s why Amazon is feeling pretty generous towards their customers. Thus we see that this is the 4th consecutive quarter where we find that Amazon had revenue that had crossed the 100 billion dollars mark.
That is all for now. We do hope that it will be great if all the deliveries were made on time. Amazon also seems to be doing well and good, and the future looks bright for them too. If there are any updates, we will definitely bring them to you. So keep your eyes on the news. Until then, take care of yourselves and Happy holidays!