Amazon warns on profits as uncertainty over tariffs threaten ecommerce business

Amazon distribution centre in London

Source: GettyImages/iStock Unreleased/georgeclerk

The retail and tech giant beat Wall Street expectations in terms of sales, with revenues up 13.3% year on year to $167.7bn (£126.9bn). Amazon Web Services sales jumped 17.5% to $30.9bn (£23.4bn) year-on-year.

 

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