Amazon has announced losses of $126m for the second quarter of this year, almost twice what was expected, and the online retail giant has warned that it is likely to see significantly less growth in sales than usual over the next three months.
Amazon's shareholders are used to it making only marginal profits - but have been forgiving because the ambitious firm is constantly improving its sales, earning more and more revenue, says the BBC. The profits stay low because of the high cost of expanding the business into new areas.
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