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The Wall Street Publication > Blog > Tech > Amazon’s Flagship Online-Shopping Business Stalls After Decades of Growth
Tech

Amazon’s Flagship Online-Shopping Business Stalls After Decades of Growth

Editorial Board Published April 29, 2022
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Amazon’s Flagship Online-Shopping Business Stalls After Decades of Growth
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Amazon Inc.’s legendary e-commerce machine, which has grown at breakneck speed for more than two decades, is showing signs of stalling.

The tech giant on Thursday reported its slowest sales growth in roughly two decades. Product sales have flatlined, and revenue at its main online-shopping business segment has stagnated for six months, one of the worst periods of anemic growth in Amazon’s history. And company executives said overall sales might slow down even more.

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