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Online & Digital

Amazon posts £1.6bn loss in Q2

The net loss of Q2 2022 reportedly includes a pre-tax valuation loss of $3.9bn (£3.2bn) included in non-operating expenses from Amazon’s investment in Rivian Automotive

Amazon has fallen to a net loss of $2.0bn (£1.6bn) in its second quarter, down from a profit of $7.8bn (£6.4bn) in the second quarter of 2021. 

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