Hasta La Creative!

Amazon, the world’s largest online retailer, reported revenue that missed estimates and posted its first quarterly loss since 2003, dragged down by weakness at LivingSocial.com, which it partly owns.

The third-quarter loss was $274 million, or 60 cents a share, compared with net income of $63 million, or 14 cents a share, a year earlier, the Seattle-based company said in a statement. Sales rose 27% to $13.8 billion, compared with analysts’ average estimate of $13.9 billion, according to data compiled by Bloomberg.

Amazon’s expanded lineup of Kindle devices to challenge Apple in the tablet market — expected to reach $63.2 billion this year, according to researcher DisplaySearch — are facing competition from machines from Microsoft Corp. and Google. Amazon’s sales growth slowed to 37% in September from 41% in August, ChannelAdvisor Corp. said earlier this month.

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