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Amazon Rakes In $2.9Bn Profit

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Amazon reported Thursday that its profit in the recently-ended quarter rocketed to $2.9 billion in a ten-fold increase from the same period last year.

Net sales at the e-commerce colossus climbed to $56.6 billion in the third quarter, a 29 per cent increase from the $43.7 in sales reported in the third quarter in 2017.

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