Amazon.com, the world’s largest Internet retailer, rose in late trading after reporting gains in sales and North American operating margin as it benefited from investments in warehouses and a jump in holiday shopping.
Fourth-quarter sales climbed 22 per cent to $21.3 billion, the Seattle-based company said yesterday in a statement. Operating margin in North America widened to 5 per cent from 2.9 per cent a year earlier. Shares rose as much as 12 percent in extended trading.
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