Business
Can there be winners in a global pandemic? For people, certainly not. But businesses can tell a different story - and Amazon is certainly one. With more customers at home and shopping online, Amazon’s e-commerce sales are booming. Remote work has also boosted demand for its cloud computing services - which accounted for three-quarters of its operating profit in the first quarter, with AWS holding about a third of global market share, trouncing its nearest competitor, Microsoft. Host Kelsey Warner is joined this week by Ronaldo Mouchawar, VP of Amazon Mena, to talk about navigating the Covid-19 pandemic amid record demand. In this episode: Will Coronavirus make Jeff Bezos a trillionaire? (0m 07s) Ronaldo Mouchawar on demand during Covid-19 (1m 12s) Headlines (17m 52s) Read more on our website: • Amazon Mena increases workforce by 30% to meet demand • Adnoc CFO says previous pipelines deal served as springboard for record $20bn valuation • Record $20.7bn investment deal for Adnoc's gas pipelines • Adnoc's $10 billion windfall shows 'UAE attractive as top FDI destination amid pandemic' • Former Abraaj executive Vettivetpillai consents to US extradition