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Amazon sees further fall in profit in Q4 on rising delivery costs

Friday 25 October 2019 | 09:03 CET | News
Amazon.com reported a fall in profits for the third quarter and said it expects a further drop in Q4 on the high costs of its one-day delivery for Prime customers during the holiday season. CEO Jeff Bezos said the one-day delivery is "a big investment, and it's the right long-term decision for customers". 

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Categories: Internet
Companies: Amazon
Countries: World
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