Home Business News Amazon’s profits rise

Amazon’s profits rise

by LLB Reporter
26th Jul 19 10:31 am

Amazon’s revenue profits for the last three months have risen, and net sales for the second quarter to 30 June was $63.4bn up 20% from $52.9bn 2018.

Net income for the Seattle based company in the quarter rose slightly from $2.5bn compared to $2.6bn a year ago.

Founder and chief executive Jeff Bezos said, “Customers are responding to Prime’s move to one-day delivery – we’ve received a lot of positive feedback and seen accelerating sales growth.

“Free one-day delivery is now available to Prime members on more than 10 million items, and we’re just getting started. A big thank-you to the team for continuing to make life easier for customers.”


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