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  • Amazon on Thursday reported that its profit in the recently ended quarter doubled as sales soared during the pandemic. The e-commerce colossus said it had a net income of $5.2 billion on sales that climbed 40 percent to $88.9 billion. "This was another highly unusual quarter, and I couldn't be more proud of and grateful to our employees around the globe," said Amazon founder and chief executive Jeff Bezos. Amazon has told investors it expects to spend all of its profits this year on costs related to keeping employees and customers safe during the pandemic. gc/acb
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  • Amazon profit doubles as sales soar during pandemic
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