Amazon India Units Trims Losses, Posts Moderate Revenue Growth In FY24

Quick Summary:

In the fiscal year 2024, Amazon (NASDAQ: AMZN) India units have witnessed moderate growth and have reduced their losses, according to a recent report.

What Happened: Amazon India’s units have seen moderate growth and have significantly reduced their losses in the fiscal year 2024, the Economic Times reported.

The company’s arm, Amazon Transportation Services, saw its operating revenue increase 7.6% to ₹4,889 crore in FY24.

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Article Details

Author / Journalist: Ananthu C U

Category: Technology

Markets: United StatesIndia

Topics: Benzinga Retail Sales US0231351067 AMZN Tech News

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 10:15:45 (2 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 335 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 23337300

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