Posted on

German winners and losers of the COVID-19 pandemic



Share

This has been an unprecedented year in many ways. In times when we are encouraged to reduce contacts, package delivery services have thrived. This made e-commerce platforms the top winners of the coronavirus pandemic. And in this winner’s circle, Amazon comes out at the very top. Even before the pandemic, Amazon made record profits. But an outcome like in 2020 is new even for Amazon. The company made a profit of almost $100 billion (€81.5 billion) for the third quarter alone. It will most likely be more rather than less in the fourth quarter. The latest lockdown measures plus the busy Christmas season …

Read More