WWD.com/business-news/financial/amazon-reports-loss-but-gains-market-share-6673303

financial

January 29, 2013

Amazon Reports Loss, but Gains Market Share

The company’s total revenues jumped 27.1 percent to $61.09 billion last year as sales of products increased 23.2 percent to $51.73 billion.

By Evan Clark

financial/news

Amazon.com lost money last year but took a big chunk of market share in the process.

The Web giant’s net losses for 2012 tallied $39 million, or 9 cents a diluted share. That compared...

Amazon Reports Loss, but Gains Market Share

The company’s total revenues jumped 27.1 percent to $61.09 billion last year as sales of products increased 23.2 percent to $51.73 billion.

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