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Revenues at Amazon.com up 51%
Sales in the Americas and international markets also met with similar increase
By: Diamond World News Service
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Jul 29 2011 4:16PM
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Reference: 6198  

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For online retail giant Amazon.com, revenues in the quarter ending June 30, 2011, rose 51 percent y-o-y to $9.91 billion. Its sales in North America rose 51 percent y-o-y to $5.41 billion, while its ‘international segment sales’ in markets like U.K., Germany, Japan, France, China and Italy, also shot up by 51 percent to $4.51 billion. The company’s overall bet profits dropped 8 percent to $191 million in the said quarter.

In this quarter, the retailer had launched new platforms like MyHabit.com (a member-only website for the fashion enthusiasts, allowed "Marketplace" sellers to list products across the European websites using one single seller account, allowing sellers to make their inventory available across Amazon.co.uk, Amazon.de, Amazon.fr and Amazon.it.

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