NEW YORK: Amazon.com Inc posted a narrower quarterly loss and better-than-expected sales on Thursday as the company expanded aggressively at home and made inroads into overseas markets, sending its shares up nearly 8 percent in after-hours trade.
Its top-line performance underscored the company's strong momentum as the world's largest Internet retailer prepares to do battle during a crucial U.S. holiday season, which some experts say could be the slowest in years.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
