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Home > Book Trade News > Amazon Profits Rise 71% After Strong Festive Trading

Amazon Profits Rise 71% After Strong Festive Trading

Posted at 7:39AM Friday 29 Jan 2010

Profits at online retail giant Amazon leapt by 71% in the last three months of 2009 as shoppers spent more than ever during the festive season.

Amazon reported a net profit of $384m (£238m), up from $225m in the same quarter a year ago.

Sales rose 42% to $9.5bn, helped by favourable changes in foreign exchange rates, the firm said.

BBC

PW


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