Breaking News | Amazon Payment Service Provider Program member list updated, brother-in-law retreats behind the scenes!

Yesterday, Amazon launched a payment service provider plan. Many sellers reported that their payment service providers were not on the list. Today, the editor discovered that the list was quietly updated. In addition, Amazon also announced a blockbuster news when it released its fourth quarter financial report!

Amazon's Payment Service Provider Program adds new members

Based on the Amazon payment service provider query link released by Amazon Global Selling yesterday, the editor found that today's list has been quietly updated.

Airwallex has been added to the list of payment service providers that sellers can see on Amazon . According to Amazon's official announcement, it is likely that other payment methods will be added in the future.

In recent days, it is recommended that sellers pay attention to this link frequently to quickly check the list of members of the Amazon Payment Service Provider Program:

https://sellercentral.amazon.com/apps/store/search?category=f00228ab-f2c8-4e3d-ac20-d4c159e5e482&pageNumber=1&locale=zh-CN (copy to browser and open)

Bezos steps down as Amazon CEO, sellers will have a new boss

I was waiting for Amazon to release its fourth-quarter financial report, but I never expected that in addition to the report, there would also be news that my brother-in-law would step down as Amazon's CEO.

On February 2, local time in the United States, e-commerce giant Amazon announced that Bezos will step down as the company's CEO in the third quarter of 2021 and will be succeeded by Andy, the company's cloud business executive.

▲ The picture comes from Weibo

Bezos said in his internal letter that Andy will take over as CEO of Amazon, and he will transition to the position of executive chairman of the Amazon board of directors, continue to participate in important Amazon plans, and will invest more energy in new products and early plans. At the same time, he will also spend other time and energy focusing on the Bezos Earth Fund, Blue Origin, The Washington Post and other interests and hobbies.

Many people were talking about this.

One seller joked: "Wow, are you imitating Jack Ma? You look exactly like Mr. Ma."

Some sellers also think that this might be a good thing for the brother-in-law who has made enough money. "As a frequent visitor to the number one on the Forbes rich list, he can no longer worry about daily affairs and can concentrate on doing something he wants to do."

Another seller said: "For these wealthy people, the ranking is not important at all, but the spectators care more."

▲ The picture comes from Weibo

Regarding the brother-in-law's resignation, sellers cast more envious eyes, and one seller said: "This is what it means to be successful and famous."

▲ The picture comes from Weibo

Amazon announces 2020 financial results

In addition to the news that my brother-in-law stepped down as CEO, sellers should be more curious about Amazon's financial performance. So how much money did Amazon make in 2020 at the hands of my brother-in-law?

The financial report shows that Amazon's net sales in the fourth quarter of 2020 were US$125.6 billion, a year-on-year increase of 44%; net product sales were US$71.056 billion, higher than US$50.542 billion in the same period last year; net service sales were US$54.499 billion, higher than US$36.895 billion in the same period last year; net profit was US$7.2 billion, a year-on-year increase of 121%.

In 2020, Amazon's net sales were US$386.064 billion, up from US$280.522 billion in 2019; net product sales were US$215.915 billion, up from US$160.408 billion in the same period last year; net service sales were US$170.149 billion, up from US$120.114 billion in the same period last year; and net profit was US$21.331 billion, up from US$11.588 billion in 2019.

Why did Amazon’s quarterly revenue exceed $100 billion for the first time in the fourth quarter of 2020?

According to analysts, Amazon's revenue grew strongly, driven by this year's epidemic and strong consumer demand during the holiday shopping season, coupled with the postponement of Prime Day to the fourth quarter.

In addition, Amazon also made the following outlook for the first quarter of 2021:

Net sales are expected to reach between $100 billion and $106 billion, representing year-over-year growth of 33% to 40%.
Operating profit will be between $3 billion and $6.5 billion.

Judging from Amazon's financial report, Amazon's performance is very impressive under the strong impetus of the epidemic. Now that my brother-in-law has announced his resignation, I wonder how Amazon will perform in the future? What do you think about this?

Text ✎ Lin Feng/

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