Thursday, 24 October 2013

Online retailer Amazon posts its third quarterly loss



The world's largest online retailer Amazon has posted its third straight quarterly loss this year due to higher spending and new product launches. The company saw its net loss narrow to $41m (£25m) for the three months ending in September, compared to losses of $274m a year earlier. via Pocket http://www.bbc.co.uk/news/business-24665478#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

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