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As overall usage of AWS increase, the company is able to cut prices at a fairly steady clip. It most recently cut prices in November, and the cuts don’t seem to have affected the division’s bottom line: AWS operating income has increased sharply year-over-year during the last two quarters.

As of March 2, about 200,000 new stores had begun to operate through Ele.me, it said.

As people continue to move to cities, their incomes will rise, driving up consumer demand. Additional infrastructure spending to support these people will also be needed.

As of 4:30 pm EDT Sunday, the US had more than 1.48 million reported coronavirus cases, with nearly 89,000 deaths, according to data from Johns Hopkins University. Both figures are the highest in the world.

As of Tuesday evening, Amazon said sales by small- and medium sized businesses had topped billion during the Prime Day event.