Amazon.com net profit declined by almost 60%.
The net profit of the company Amazom.com Inc , which owns the largest online store, fell for 9 months of the current year by 58.1% compared with the same period of 2005, according to top.rbc.ru. It amounted to $ 93 million, whereas last year it was possible to earn $ 160 million over this period. These data are presented in the company's financial statement.
However, the volume of sales of the online store from January to September 2006 grew by 22% compared to the same period in 2005 - to $ 6.73 billion (in 2005 - $ 5.51 billion).
The decrease in the net profit of Amazom.com is due to the increase in investment in the development of the toy business, as well as the decrease in prices for a number of products.
However, the volume of sales of the online store from January to September 2006 grew by 22% compared to the same period in 2005 - to $ 6.73 billion (in 2005 - $ 5.51 billion).
The decrease in the net profit of Amazom.com is due to the increase in investment in the development of the toy business, as well as the decrease in prices for a number of products.
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Source: https://habr.com/ru/post/2007/
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