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Amazon said Tuesday that this year’s holiday shopping season has been the biggest in its history, as the coronavirus pandemic forced more people than ever to do their shopping online.
“In a holiday season unlike any other, it’s clear that customers still want great deals on gifts for their loved ones or a little something extra for themselves, and we’re glad to help deliver smiles throughout the season,” said Jeff Wilke, CEO of Amazon Worldwide Consumer.
Independent businesses selling on Amazon surpassed $4.8 billion in worldwide sales from Black Friday through Cyber Monday, Amazon said, noting that the figure was up 60% from last year.
While Amazon has been piling up sales, many retailers reliant on physical stores have been struggling to survive.
Amazon is widely expected to be one of the biggest winners this holiday season, with one Wall Street firm estimating it could capture 42 cents of every dollar spent during the busy shopping period.
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