Containment measures implemented around the globe in recent months have shown that the services provided by Amazon are now well established in consumer habits. Update with Nicolas Barré.
From this morning, the six French Amazon warehouses will have fully resumed work. Despite a month of shutdown, Amazon emerges strengthened from the crisis ...
Yes it's clear. The resumption of work spanned three weeks and this morning, the teams from Amazon France are complete and on the job. But the lesson that can be learned from the past few weeks is that Amazon, wherever it operates in the world, has become a service that millions of households can no longer do without. During the confinement, Amazon conquered 2.4 million new homes in France alone. In the United States, the Amazon empire represents 27% of sales against 16% before the pandemic. Amazon gained almost as much market share in two months as it did in ten years. At the expense of department stores such as JC Penney or Neiman Marcus who have just gone bankrupt ...
While Amazon has never been worth as much on the stock market ...
This is really the big winner of the crisis: its stock market value has soared 30% since the start of the year, Amazon is worth more than 1.2 trillion dollars on the stock market. If you add up all the CAC 40 companies, you arrive at 1.700 billion, Amazon is not far from weighing as much! It employs 840,000 people ... and also employs more than 200,000 robots. What can be learned from this planetary success - except China - is that the Covid crisis is an incredible accelerator of trends. With the confinement of more than half of humanity, e-commerce has taken a leap ... and the Amazon empire is more powerful than ever.