Transitions In Digital Retail And Payments

Amazon

Amazon reported record net sales for its most recent quarter, while the Commerce retailer announced that CEO Jeff Bezos will move to the role of executive chair. In real estate, Porch begins this year more ready than ever to make white-glove moving experiences accessible to the masses. And in payment methods, digitizing B2B payments leads to new revenues. All this, Today in Data.

Data:

$125.6B: Amazon’s net sales for Q4 2020, marking the company’s first $100 billion quarter.

81%: Share of financial services execs who say technology and innovation will generate new revenues.

22%: Portion of all Americans who either moved during the pandemic or know someone who did.

11K: Approximate number of companies to which Porch provides software to help them run their businesses.

$4.8B: Minimum global sales for Amazon merchants between Black Friday and Cyber Monday.