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Profits plunge, but Amazon ploughs on | Webmarked News

Profits plunge, but Amazon ploughs on

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Amazon shares – up nearly 40 percent this year – fall over three percent as the online retail giant reveals a 77 per cent drop in quarterly income despite a jump in retail sales – ending CEO Jeff Bezos’s brief reign as the world’s richest person. David Pollard reports.

Profits plunge, but Amazon ploughs on

Tags : Amazon, Amazonresults, Profits plunge, Results

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