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Whole Foods acquisition boosts Amazon’s third quarter results

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Amazon’s third-quarter sales have soared to record levels, thanks to a boost from its acquisition of upmarket grocery chain Whole Foods and with shoppers taking advantage of Prime Day promotions during the summer. For the three-month period ending September 30, the online retail giant reported a 34 per cent year-on-year increase in net sales to $43.7 billion (£33.3 billion). This exceeded analysts’ expectations of $42.1 billion

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Whole Foods acquisition boosts Amazon’s third quarter results

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