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Amazon’s surging revenue growth shows signs of slowing

“True, the Seattle behemoth keeps hitting at least 20 percent revenue growth quarter after quarter — a huge success considering Amazon’s size — thanks to its aggressive expansion efforts” writes Ben Fox Rubin for cnet.com. Amazon’s healthy growth is still the envy of the retail world, but its slower revenue growth — which was as high as 43 percent in 2018 — does signal a broader shift for the company.But guidance for first-quarter revenue was weaker than expected, at $56 billion to $60 billion, below Wall Street expectations of $61 billion.The e-commerce company on Thursday reported fourth-quarter revenue of $72.4 billion, up 20 percent and at the top of the company’s guidance from October.
 
Source: cnet.com



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