Fashion Hits: 1043

Intelligence Platform Tofler report: Amazon India, Marketplace clocks Upward Revenue

Fashion Hits: 1043
Intelligence Platform Tofler report: Amazon India, Marketplace clocks Upward Revenue
Fashion Hits: 1043

05 January 2022, Mumbai:

Amazon Wholesale posts a net profit of 46 crores but revenue drops 7%.

Amazon Seller Services, which runs the Amazon India marketplace, reported a 49% rise in revenue from operations to 16,200 crores for FY21, up from 10,847.6 crores a year ago.

Tofler - Crunchbase Company Profile & Funding
Losses stood at 4,748 crores, down from t5,849 crore in FY20. The numbers were sourced through the business intelligence platform Tofler.

SOURCE: ET Dt 05-01-2022 

(The news article has not been edited by DFU PUBLICATIONS staff)

 

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