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Amazon’s revenue increases nearly 23% in Q1

By Thad Rueter

The e-retailer releases its Q1 financials as it seeks to beef up its “last mile” delivery capabilities and the benefits of its Prime membership program. While revenue approached $20 billion, net income was only $108 million as Amazon spent heavily on technology, content and fulfillment. Read More

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Top 500 Facts
16.9%

Growth rate in 2013 U.S. e-commerce sales

17.1%

How much the Top 500 grew in 2013

250%

2013 e-commerce growth rate for NoMoreRack.com

20.3%

Amazon’s 2013 growth rate

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