Amazon third-quarter sales bode well for holidays
- Amazon.com Inc posted a narrower quarterly loss and grew sales by a better-than-expected 24 percent on Thursday as it expanded aggressively at home and made inroads overseas, sending its shares up 8 percent.
The revenue performance indicated strong momentum of the world's largest Internet retailer going into the crucial U.S. holiday season, which some experts say could be the slowest in years.
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