Unwrapping Amazon: Five Things You Didn’t Know

By Features FOXBusiness

According to Adobe’s forecasts, online sales are expected to exceed $3 billion in the next 24 hours. The FOX Business Network’s Jo Ling Kent went inside an Amazon (AMZN) Fulfillment Center in Robbinsville, New Jersey where robots are being used to help organize and sort packages.

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Here are five things you probably didn’t know about Amazon’s innovation…

  • 1. Amazon Uses Army of Robots

    Amazon Uses Army of Robots

    Reuters

    Amazon is using 30,000 robots in 13 facilities across the U.S. to help organize and sort packages ordered on Cyber Monday.  

  • 2. 28 Football Fields Worth of Space

    28 Football Fields Worth of Space

    Reuters

    The one million square foot facility in New Jersey houses 14 miles of conveyor belts and 4,000 full time workers (which caused a traffic jam for New Jersey commuters on Cyber Monday).

  • 3. 500 Items Shipped Every Second

    500 Items Shipped Every Second

    Reuters

    Last year Amazon sold 500 packages per second and 43 million packages in total on Cyber Monday.

  • 4. Technology is on Fire… Literally

    Technology is on Fire… Literally

    Reuters

    According to Amazon Senior Vice President of Worldwide Operations Dave Clark, the best-selling items so far are Fire Tablets and TV sticks.

  • 5. Amazon Stock is On Fire

    Amazon has put on an impressive stock performance rising over 116% year to date. It is the second best performing stock in the S&P 500 (SPY) behind Netflix (NFLX).

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