Home News Amazon growth slows down while profit increases

Amazon growth slows down while profit increases

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U.S based e-commerce giant Amazon announced on Thursday that sales growth increased by 20% compared to the same period the year before, making the annual profit $232.9 billion.

The company, however,  couldn’t reach the growth of the previous year, which was 38%.

Amazon also forecasts lower sales than expected for the first quarter of 2019, between $56 to $60 billion dollars.

 

 

 

 

 


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