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Amazon gross income 22pc in 4th Quarter

Wednesday, January 30 07:44:02

Amazon.com Inc said on Tuesday that fourth-quarter revenue jumped 22 percent to $21.27 billion as the world's largest Internet retailer grabbed a big share of online spending during the crucial holiday period.

The Seattle-based company also reported net income of $97 million, or 21 cents a share in the fourth quarter, compared with $177 million, or 38 cents a share in the same period a year earlier. (C) Reuters

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