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Analysis: Amazon can sustain buying sales at the expense of the bottom line
While many other retailers are bumping along the bottom in terms of growth, Amazon increased its sales line (in its second quarter) by almost a quarter. In real terms, this means the online behemoth took some $7.5 billion more in revenue this quarter than during the same period last year. By any standards, this is an impressive performance -- but it is doubly so for a company of the size and scale of Amazon. -
Amazon’s Prime Now Singapore launch hits a snag
Amazon’s Prime Now debut in Singapore started off strong, but high user volume took a toll on the program’s first day of service. The service, which offers free two-hour delivery on tens of thousands of items ordered through the Prime Now app, launched on Thursday morning. By that afternoon, users struggled to use the service, according to CNBC.

