How Did The Pandemic Impact Amazon's Retail And Cloud Services?
Amazon Inc (NASDAQ: AMZN ) celebrated its 25th anniversary earlier this month. But the way the company grows and innovates—not to mention how its stock price moves—you’d think it’s a young startup. In his most recent letter to shareholders, AMZN CEO Jeff Bezos stated that if the pandemic taught the company one thing, it was how to operate under chaos. When most of the world was sheltering at home, AMZN was busy getting necessary supplies delivered to customers’ doorsteps. This unexpected surge in demand came with its challenges, especially in supply chains and operations networks. During the early stages of the pandemic, AMZN had to quickly take steps to prioritize the delivery of essential services. Bezos also stated that Amazon Web Services (AWS) played a role during the pandemic. He stressed the importance for organizations to have access to dependable and secure computing power especially when it comes to health care, online learning, and remote work environments. What Should Investors Listen For?
How Did The Pandemic Impact Amazon's Retail And Cloud Services?
Amazon Inc (NASDAQ: AMZN ) celebrated its 25th anniversary earlier this month. But the way the company grows and innovates—not to mention how its stock price moves—you’d think it’s a young startup. In his most recent letter to shareholders, AMZN CEO Jeff Bezos stated that if the pandemic taught the company one thing, it was how to operate under chaos. When most of the world was sheltering at home, AMZN was busy getting necessary supplies delivered to customers’ doorsteps. This unexpected surge in demand came with its challenges, especially in supply chains and operations networks. During the early stages of the pandemic, AMZN had to quickly take steps to prioritize the delivery of essential services. Bezos also stated that Amazon Web Services (AWS) played a role during the pandemic. He stressed the importance for organizations to have access to dependable and secure computing power especially when it comes to health care, online learning, and remote work environments. What Should Investors Listen For?