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Qurate Retail Q1 revenue down 8 percent, but profits widen

Video commerce giant Qurate Retail reported an 8 percent drop in revenue in the firsts quarter of the year, but it managed to widen its profits. The media conglomerate made revenue of 2.64 billion dollars in Q1, down from 2.89 billion dollars a year earlier. That came as revenue at its biggest brand QxH fell 5 percent to 1.6 billion dollars....

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