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Amazon Makes Second Consecutiv...

International

Amazon Makes Second Consecutive Quarterly Loss Over Last Few Months

RedFM News
RedFM News

04:22 29 Jul 2022


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Amazon made its second-consecutive quarterly loss over the last few months - taking a 2 billion dollar hit.

But the retailer's staying optimistic as it makes progress in controlling costs and it plans to bring in more cash from putting up Prime subscriptions.

Earlier this week it announced annual memberships are jumping by around 43% across Europe.


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