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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.
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Amazon Seller Services en India reporta un aumento del 14% de los ingresos y una caída del 28% en la pérdida neta en el fiscal 2024.