Amazon quarterly sales rise to $149 billion, beating expectations

Agence France-Presse

Posted at Feb 03 2023 08:29 AM

SAN FRANCISCO, United States - Online shopping giant Amazon posted better than expected sales numbers for the last quarter of 2022, saying it beat the headwinds of a gloomy economy by reining in costs.

The company said global sales rose by nine percent in the fourth quarter to $149.2 billion, but its share price slid by four percent in after-hours trading over the company's careful outlook for 2023.


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