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Tag: Ad revenue growth


Amazon growth beats expectations, revamps 1-day Prime delivery

30

Apr 2019

Amazon growth beats expectations, revamps 1-day Prime delivery

Amazon posted a record quarterly profit of $3.6bn, more than doubling from $1.6 billion in the year prior, while its ad revenue growth slowed to a still impressive 34%. This marks the sixth straight quarter in which Amazon’s profits have topped $1 billion and the fourth consecutive quarter of record profits. The online retail giant also said it will offer one-day delivery for its Prime...

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