And a couple of bright spots offset the disappointing revenue figure. First, the company’s industry-leading cloud-computing unit, Amazon Web Services, had another stellar showing, growing by 40% in the latest quarter....
One reason the company said it was boosting the cost of Prime was to counter the rise in labour and transportation costs....
According to credit card data from Bank of America, US e-commerce sales fell 3% in December compared with those a year earlier, after rising 6% in Novem
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2022-02-05 00:00:00.0