Question

What are your thoughts on how the global pandemic with respect to Covid-19 will affect Amazon valuations？Please explain it in as much detail as possible.

Answer 1

Amazon has said that the COVID-19 pandemic had largely affected its business in India. The global e-commerce giant said that due to the nationwide lockdown it had to cut back on a lot of offerings in India and only deliver essential goods.

Amazon said that it will resume its operations after getting the nod from the government.

While the notes do not mention Bezos by name, they reported “general agreement” among the executives about how Amazon should handle an employee who the company said had been fired for breaking quarantine rules when he protested its safety measures. The notes said the company should make him “the face of the entire union/organizing movement,” adding that he was “not smart, or articulate.” Amazon’s general counsel, who wrote the meeting notes, later apologized.