Amazon ramps up marketing spend by 36% as it posts US$3.6bn profit
Amazon made US$3.6bn in net income in the first three months of the 2019 calendar year, the company’s financial results reveal.
The digital giant’s figures also show its marketing spend jumped from US$2.7bn to US$3.7bn over the period – 36% increase.
Amazon was less successful internationally than it was in North America this quarter
The sheer irony of flagging taxation as a risk when it barely pays any.
If taxation is a risk to Amazon then I need to be extremely cautious as I pay proportionately more tax than they do!