Profits plunge, but Amazon ploughs on

ReutersNewsPublished: July 28, 2017Updated: July 29, 2017
Published: July 28, 2017Updated: July 29, 2017

Amazon shares - up nearly 40 percent this year - fall over three percent as the online retail giant reveals a 77 per cent drop in quarterly income despite a jump in retail sales - ending CEO Jeff Bezos's brief reign as the world's richest person. David Pollard reports.

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