Amazon quarterly profit jumps ninefold to $857 million

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Amazon quarterly profit jumps ninefold to $857 million

Washington (AFP) – Online giant Amazon said Thursday profit in the second quarter surged ninefold to $857 million, lifted by cloud services as the tech giant expanded its offerings.

Revenues jumped 31 percent to $30.4 billion, Amazon said in stronger-than-expected results.

Revenues jumped 31 percent to $30.4 billion, Amazon said in stronger-than-expected result
Copyright AFP/File John MacDougall

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