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Amazon disappoints market as sales continue slowing down

Amazon disappoints market as sales continue slowing down

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Amazon.com, Inc.’s new boss Andy Jassy had a tough start to his new job, having replaced Jeff Bezos a month ago, as the latest set of results disappointed the market. Sales in the quarter to 30 June jumped 27% to US$113bn compared to the same period in 2020, with net income up 48% to US$7.8bn.

...read full article on Proactive Investors

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