Amazon projects spending that concerns those watching profits
Company wants to invest a lot in the coming months on warehouses, movies, gadgets and growth into India
Seattle
AMAZON.COM Inc will spend big in the coming months on warehouses, movies, gadgets and growth into India, renewing investor concerns that chief executive officer Jeff Bezos cares more about generating revenue far in the future than turning a profit now.
The company will double-down on its delivery system that gets products quickly into the hands of its customers. It will keep investing in original movies and shows to encourage people to buy Amazon Prim…
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