Jul 28 2017
In the second quarter ended June 30, net sales at Amazon rose 25%, to $38 billion, while net income fell 77%, to $179 million.
As the Wall Street Journal put it, "Amazon's ever-increasing clout is accompanied by a new phase of heightened investment, after several quarters of spending discipline. The retailer is plowing profits back into product development, warehouse building and delivery infrastructure, as well as overseas expansion and video content. Amazon, which keeps promising ever shorter delivery times, is under pressure to contain shipping costs, which rose 36% to $4.57 billion in the second quarter from a year earlier."
The Funeral Cryer by Wenyan Lu
Debut novelist Wenyan Lu brings us this witty yet profound story about one woman's midlife reawakening in contemporary rural China.
Your guide toexceptional books
BookBrowse seeks out and recommends the best in contemporary fiction and nonfiction—books that not only engage and entertain but also deepen our understanding of ourselves and the world around us.