1. Channel: Ecommerce & Digital

Amazon records first unprofitable quarter since 2015, losing $3.8 billion

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Amazon has posted its first unprofitable quarter since 2015, losing $3.8 billion and slashing its forecast sending shares tumbling 10%.
The news is further indication that lockdown-lifting has ended the…

The post Amazon records first unprofitable quarter since 2015, losing $3.8 billion appeared first on Latest Retail Technology News From Across The Globe – Charged.

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