Amazon reported record quarterly sales and profits as the ranks of its Amazon Prime membership program surged. In retail, consumer products company Newell Brands said that demand for its home, cooking and stationery products remains formidable with no slowdown in sight. And in corporate payments, the ability to support electronic B2B payments has changed from a nice-to-have to a must-have for firms. All this, Today in Data.
200M: Minimum number of paid Amazon Prime members worldwide.
$108.5B: Amazon’s net sales for the first quarter.
80%: Share of interactions between B2B buyers and suppliers expected to take place digitally by 2025.
64%: Portion of companies that have moved away from physical invoices.
$11.5B: Approximate market cap of consumer products giant Newell Brands.