Xero, which makes web-based accounting applications, is ramping up infrastructure to support 1 million end users. That came as Xero reported it had narrowed its loss while more than doubling revenue for the half ended September 30.  The company lost about $2.8 million for the six months just ended, 21 percent less than in the prior year. Revenue reached just over $6 million, up 112 percent.

 

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