Amazon Seller Services in India reports a 14% revenue rise and a 28% drop in net loss in fiscal 2024.

Amazon Seller Services, Amazon's Indian marketplace, reported a 14% rise in revenue to Rs 25,406 crore and reduced its net loss by 28% to Rs 3,469 crore in fiscal 2024, showing improved performance amid competition from Flipkart and others. This growth follows a modest 3% increase in the previous fiscal year. Flipkart, meanwhile, saw a 21% revenue increase in the same period.

November 11, 2024
3 Articles

Further Reading