Amazon announces fourth quarter 2020 financial results, UPS 2020 revenue $84.628 billion

Amazon announces fourth quarter 2020 financial results

Amazon announced its financial results for the fourth quarter ending December 31, 2020. According to the financial report, Amazon's net sales in the fourth quarter of 2020 reached US$125.6 billion, a 44% increase from US$87.4 billion in the same period last year. Among them, Amazon Cloud Services (AWS) had net sales of US$12.742 billion, a 28% increase from US$9.954 billion in the same period last year.

Kaola.com: Home and kitchen supplies increased by 100% month-on-month

According to Kaola.com data, in the past month, multi-function food processors have increased by 81% year-on-year, and scented candles, home decorations, and ornaments have increased by 150% month-on-month. In addition, Kaola.com data shows that among household kitchen supplies, baking utensils, coffee utensils, wine utensils, and tea sets that are ritual and emotional items have increased by 100% month-on-month.

According to the person in charge of the home furnishing industry at Kaola.com, as the Spring Festival approaches, the growth of quality life and home furnishings and decorations related to rituals is particularly prominent in the festive atmosphere. In addition, the concept of sterilization has also been integrated into life, and healthy living products such as deodorizing fragrances and disinfectants have increased by 80% month-on-month .

UPS's revenue in 2020 was US$84.628 billion , a year-on-year increase of 14.2%.

According to reports, UPS released its 2020 annual performance report. The report shows that UPS achieved revenue of US$84.628 billion in 2020, compared with the market expectation of US$82.575 billion and US$74.094 billion in the same period last year, a year-on-year increase of 14.2%; operating profit was US$7.8 billion, and adjusted operating profit was US$8.7 billion .

UPS expects capital expenditures of approximately $4 billion in 2021; the dividend is expected to increase; and the effective tax rate is expected to be approximately 23.5%.

BEST Express fully launches large-scale express delivery and cross-border delivery services in Thailand

It is reported that as Thailand included the Spring Festival as a national public holiday for the first time, e-commerce platforms launched the "Spring Festival non-closing" service, and it is expected that Southeast Asian consumers will "shop non-stop" during the Spring Festival this year. Best Express followed suit and fully launched large-scale express delivery and cross-border delivery services in Thailand.

Qian Wei, general manager of Best Southeast Asia, said that although the large-scale express delivery business is already quite mature in China, local express delivery companies in Thailand generally do not accept items weighing more than 50 kilograms. Best has become the first logistics company in Thailand to provide large-scale delivery of less than 80 kilograms. Customers only need to place an order online to enjoy the courier's door-to-door pickup and door-to-door delivery service, and the package delivery process can be tracked.

Wuxi unveils three major cross-border e-commerce comprehensive service centers

It is reported that the "Exhibition Center, Comprehensive Service Center, and Bonded Imported Goods O2O Experience Center" of China (Wuxi) Cross-border E-commerce Comprehensive Pilot Zone was officially unveiled in Xinwu District, and the cross-border e-commerce online comprehensive service platform was also launched at the same time. It is reported that the comprehensive service center unveiled this time mainly provides cross-border e-commerce services to enterprises through online and offline methods.

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