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Amazon Sales Surge Amid Pandemic-Driven Online Shopping [Video]

Amazon.com Inc. online orders continue to surge during the Covid-19 pandemic, with the e-retail giant projecting a bumper end to the year as it posted strong third-quarter earnings.

Amazon on Thursday said third-quarter sales in the period rose 37% to a record $96.2 billion to generate a $6.3 billion profit, or $12.37 a share. Profit roughly tripled from the year-ago period when the company’s bottom line was weighed down by heavy investment in its push to one-day shipping for customers.

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