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Amazon’s revenue increases even as spending rises – Reuters

Telegraph.co.ukAmazon s revenue increases even as spending risesReutersSAN FRANCISCO (Reuters) – Amazon.com Inc s revenue grew more than expected for the first quarter, largely offset by a sharp increase in spending on technology, content and new warehouses as the e-commerce company branches into new businesses.Amazon revenue up 23 per cent to $19.74 billion, shares riseEconomic TimesAmazon: Prime fee hike not stopping membership growthCNETAmazon s international arm hit by spending in ChinaFinancial TimesInternational Business Times
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