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Amazon quarterly profit slips as costs climb

October 29, 2021 / 6:49 AM
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Sharjah24 – AFP: Amazon on Thursday reported its profit in the recently ended quarter slipped to $3.2 billion as the pandemic, hiring and product shortages drove up costs.
The e-commerce colossus said its sales climbed to $110.8 billion, but its profit was about half of its net income from the same quarter last year.
October 29, 2021 / 6:49 AM

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