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  • Writer's pictureDeep Dive

Amazon's grocery sales triple, net sales up 40%

- As consumers continue to devote their dollars to online retailers amidst COVID-19, Amazon reaped the benefits in Q2

- Amazon's net sales were up 40% in the second quarter, which is equivalent to $88.9 billion compared to $63.4 billion in Q2 2019

- Grocery sales were a bright spot, as Amazon increased delivery capacity +160% and tripled grocery pick up locations- the result was triple the amount of grocery sales compared to last year

- "This was another highly unusual quarter, and I couldn’t be more proud of and grateful to our employees around the globe," said Bezos.


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