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Amazon’s Q2 revenue increases 23%

By Thad Rueter

The e-retailer reports a $126 million net loss, stemming from a $640 million year-over-year increase in spending in the quarter on technology and content and a $540 million increase in fulfillment spending. Amazon can now deliver on Sunday to 25% of the U.S. population, says Amazon CEO Jeff Bezos. Read More
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