INSIGHT: Amazon continues to sacrifice profit for growth
Amazon saw a slowdown in sales growth for its first quarter ended 31 March 2013, with sales up 22% to USD16.07 billion. This figure compares to a 34% jump for the same period last year and reflects a weaker performance in some of Amazon’s mature international markets, compared to a strong upward trend in the US, driven by Amazon Prime. Planet Retail looks at how the online giant’s performance is indicative of its preparations for further ventures across the retail spectrum.
Written by Lisa Byfield-Green (@LisaByfG)
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