Amazon plows ahead with high sales and spending; profit plunges – Reuters


Reuters
Amazon plows ahead with high sales and spending; profit plunges
Reuters
(Reuters) – Amazon.com Inc on Thursday reported a jump in retail sales along with a profit slump, as its rapid, costly expansion into new shopping categories and countries showed no sign of slowing. The world’s largest online retailer posted second
Amazon sales surge, but spending bites into profitPhys.Org

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