(MENAFN) Amazon.com logged a loss of USD437 million in the July-September period, compared to a loss of USD41 million registered in the same period last year, Arab News reported.
However, Amazon's sales amounted to USD20.58 billion in the third-quarter period of 2014, a 20 percent increase over to the same quarter last year, the firm's chief financial officer said.
The US e-commerce giant has been spending a huge amount of money on various projects, including USD1 billion to acquire video game platform Twitch in last August.
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