Amazon merchants rang up over $4.8 billion in global sales Black Friday through Cyber Monday, a 60 percent increase over 2019 sales for the same period.
More than 71,000 independent small- and medium-sized businesses worldwide have surpassed $100,000 in sales this holiday season to date, Amazon said in a statement on Tuesday (Dec. 1).
Record demand for goods has helped merchants’ bottom line during a challenging economic time due to the worldwide pandemic. Almost all of the independent retailers on Amazon are small and midsize businesses (SMBs).