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Amazon reports third quarter loss

Wednesday, 31 October 2012    Books+Publishing
@booksandpublishing

Amazon has reported a third quarter net loss of US$274 million (approximately A$264 million) on a sales increase of 27%, to US$13.8 billion (approximately A$13.3 billion), reports Publishers Weekly. The loss was attributed to a number of investments, including new Kindles and new warehouses. In a prepared statement, CEO Jeff...

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Category: International news