E-commerce giant Amazon saw gains of over 4% on Thursday, making it the best day for the stock since January 30th.
The big gains came after the company revealed that it had quadrupled one-day and same-day deliveries over the last season. The company also said it had a record holiday shopping season.
Amazon said it had a had a record-breaking holiday shopping season, with more than half a billion items ordered.
“This holiday season has been better than ever thanks to our customers and employees all around the world,” Jeff Bezos, Amazon’s CEO, said in a statement.
“This holiday season, the number of items that were delivered with Prime Free One-Day and Prime Free Same-Day Delivery nearly quadrupled compared to the same time period last holiday season, making this Amazon’s fastest holiday yet,” the company said.
Amazon also revealed that 60 percent more customers shipped items to an Amazon pick-up point, rather than their homes or businesses, compared with last year.
It was only weeks ago that the company told sellers that use its platform that it would no longer let them use FedEx’s ground-delivery network.
Amazon also claimed that more people signed up to try Amazon Prime, its subscription service, than ever before.
Disclaimer: We have no position in Amazon.com, Inc. (NASDAQ: AMZN) and have not been compensated for this article.