Amazon Q2 profit edges up 3.6pc to $2.6bn

Parvez Jabri July 26, 2019

WASHINGTON: Amazon said Thursday profits edged up to $2.6 billion in the past quarter amid strong revenue gains for the US online giant.

Revenues rose 20 percent to $63.4 billion in the April-June period for the company, a dominant force in retail with its Prime subscription service.

“Customers are responding to Prime’s move to one-day delivery — we’ve received a lot of positive feedback and seen accelerating sales growth,” said chief executive Jeff Bezos.

Copyright AFP (Agence France-Press), 2019

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