Thursday, October 24, 2019

Amazon’s big investment in free one-day delivery is expected to spark growth in the third quarter

Amazon is expected to show more signs of growth when it reports its third-quarter earnings results on Thursday, after having spent over $800 million in speedier delivery for two straight quarters.

Analysts estimate Amazon to report revenue of $68.8 billion in the third quarter, up 21.6% from the year-ago period, according to Refinitiv. . . . more