5 Companies That Benefited The Most From The Pandemic

2. Amazon.com Inc. (NASDAQ: AMZN)

Market cap on Dec 31, 2019: $920.22 billion

Market cap on Dec 31, 2020: $1.639 trillion

Market cap added: $717.78 billion

Ranking second on our list of the 15 companies that benefited the most from the pandemic is e-commerce giant Amazon.com Inc. By the end of December 2020, the company had a market cap of $1.6 trillion, a 78% increase from its value in 2019. Amazon bagged a full-year net sales of $386 billion as reported in the fourth quarter of 2020, a jump of 38% from the same period in 2019.

Online retail grew massively during the coronavirus crisis. As physical stores were shut down Amazon offered low-priced products that you can “Add to Cart” and it will be delivered to your doorstep coronavirus-free. In return, the online retailing giant helped over 71,000 small to medium-sized enterprises to reach approximately $4.8 billion in worldwide sales. 

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