Amazon profits surge as investment in faster shipping pays off
by Dominic Rushe from Technology | The Guardian on (#4YP7P)
- Revenues rise to $87bn for fourth quarter of 2019
- Christmas holidays were best in online retailer's history
Amazon's massive investment in faster shipping paid off for the tech company over the Christmas holidays with record sales and four times as many customers taking advantage of its free one-day shipping offer over the shopping season compared with last year.
Related: Amazon plans $1bn investment in India despite trader backlash
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