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Business

Anushka Dutta

Is AMZN Stock a Buy Following Its Biggest Prime Day Ever?

Amazon.com Inc. Prime Prime Day e-commerce

Amazon.com, Inc. (AMZN) is a renowned e-commerce behemoth with a global market presence. The company operates through its three broad segments of North America; International; and Amazon Web Services (AWS).

It was reported that AMZN Prime Members purchased more than 300 million items worldwide during Prime Day 2022, making this year’s event the biggest in the company’s history. Worldwide, Prime customers shopped for more than 100,000 items per minute, with U.S. Prime members purchasing more than 60,000 items per minute. The best-selling categories worldwide were Amazon Devices, Consumer Electronics, and Home.

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One subscription that gives you access to news from hundreds of sites

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