Amazon losses increase in third quarter

Amazon has reported increased third quarter losses of $437m (£273m), prompting shares to tumble in after hours trading in New York. The internet giant’s losses were significantly higher than in the same quarter last year when it reported a $41m (£25.57m) deficit.  The company reported the losses despite achieving high sales, which were up  by 20% to $20.58bn (£12.84bn) in the third quarter, up from $17.09bn in 2013. Continue reading at 'The Bookseller'

[ The Bookseller | 2014-10-25 00:00:00 UTC ]

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Amazon losses increase in third quarter

Amazon has reported increased third quarter losses of $437m (£273m), prompting shares to tumble in after hours trading in New York. The internet giant’s losses were significantly higher than in the same quarter last year when it reported a $41m (£25.57m) deficit.  The company reported the... Continue reading at The Bookseller

[ The Bookseller | 2014-10-25 00:00:00 UTC ]
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