Jeff Bezos, chief executive of Amazon.com, said the online retail giant expects to spend US$4 billion or more on Covid-19-related expenses for getting products to customers and keeping employees safe. Photo: Agence France-Presse
Jeff Bezos, chief executive of Amazon.com, said the online retail giant expects to spend US$4 billion or more on Covid-19-related expenses for getting products to customers and keeping employees safe. Photo: Agence France-Presse
Amazon

Amazon says it risks loss on spending rise for pandemic

  • The online retail giant projected its operating income to range from US$1.5 billion to a loss of US$1.5 billion in the second quarter
  • Its coronavirus efforts include increased spending on personal protective equipment as well as enhanced cleaning of warehouses and stores

Jeff Bezos, chief executive of Amazon.com, said the online retail giant expects to spend US$4 billion or more on Covid-19-related expenses for getting products to customers and keeping employees safe. Photo: Agence France-Presse
Jeff Bezos, chief executive of Amazon.com, said the online retail giant expects to spend US$4 billion or more on Covid-19-related expenses for getting products to customers and keeping employees safe. Photo: Agence France-Presse
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