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Tuesday, 24 March 2020
Online marketplaces are tanking worldwide – except for Amazon
Last week, Amazon announced it’ll open 100,000 new roles to “support people relying on Amazon’s service in this stressful time.” The new hires are set to bring the company’s workforce to over 900,000 worldwide. While Amazon is thriving in the coronavirus crisis, though, the situation looks grim for competitors like AliExpress, eBay, and Etsy. Over the past few weeks, Amazon has raked in a record number of orders from customers looking for essentials like hygiene products and household staples. The increased demand is supported by Google Trends data, which shows the company is enjoying a bump in traffic unusual for this time of…
This story continues at The Next Web
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