Amazon.com Inc. (NASDAQ:AMZN) late Thursday reported strong second-quarter revenue and profits as it benefited from the rapid acceleration in e-commerce demand due to efforts to control the spread of the novel coronavirus.
Demand for the Seattle-based company’s delivery and fulfillment services was reflected in its shipping costs, which hit an all-time record of $13.6 billion, a 68% year-over-year increase. The previous record was $12.9 billion in the fourth quarter of 2019. The fourth quarter...
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