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
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 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

Topic |   Amazon
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
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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