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Amazon posts a loss due to LivingSocial stake
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The following comments relate to this news article:

Amazon posts a loss due to LivingSocial stake

article published on 25 October, 2012

Amazon reported their quarterly earnings today, posting a loss for the first time since 2003. The big drag was struggling daily deal giant Living Social and higher expenses for their ecosystem and delivery system. Amazon, the world's largest e-tailer, saw a loss of $274 million even though revenue jumped 27 percent to $13.8 billion year-over-year. CEO Jeff Bezos says the company ... [ read the full article ]

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Posted Message
Chu3505
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_ 		26. October 2012 @ 10:24 _ Link to this message    Send private message to this user   
Amazon it to determine to much to be one of the best in the Internet retailers businesses.They tries to expand to quick and tries to hard to cover all the shipping routes within the United States,Canada and the world to quick much more than they can handle for of this times.They should of waited for a better deal and contracts within their handling and shipping partners.
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