Amazon Reports Its First Unprofitable Year Since 2014 (Slashdot)

Slashdot
Amazon Reports Its First Unprofitable Year Since 2014 – Amazon is reporting its first unprofitable year since 2014. NPR reports: Amazon lost $2.7 billion last year, the company said on Thursday. This was despite holiday-season sales growing 9%. Amazons shares fell in after hours trading. By far, the biggest culprit for Amazons losses over the year was the companys …

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