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Amazon increases profit sharply – share takes off after trading

The e-commerce group Amazon has presented its business figures. Investors are satisfied.

The world’s largest online retailer Amazon earned brilliantly in the Christmas quarter. The US group managed the announced cost avalanche due to the enormous need for personnel and the high investments in delivery logistics better than feared – not least thanks to its highly profitable cloud business. However, the growth outlook has changed following the e-commerce boom during the pandemic…

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