Amazon Somehow Lost £25 Million Selling £39 Billion Worth of Stuff Last Year

The good news, if you're Amazon? You just sold £38.75 billion worth of stuff in 2012. That's roughly the GDP of Croatia! The less good for you but pretty funny for everyone else news? You somehow lost £25 million doing it. Business! Read More >>

Amazon Manages to Lose £170 Million While Selling £8.5 Billion Worth of Stuff

If you thought Amazon's prices seemed too good to be true, well, it turns out they might be—for Amazon, at least. The company managed to turn $13.8 (£8.5) billion of revenue into a $274 (£170) million loss this past quarter. And while a big chunk of that was due to losses at LivingSocial and foreign-exchange rates, all is clearly not well on Mount Bezos. Read More >>


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