January 18, 2022

The World Live Breaking News Coverage & Updates IN ENGLISH

The World Live Breaking News Coverage & Updates IN ENGLISH

Amazon Seller Services sales up 49% in FY21

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Amazon Seller Services sales up 49% in FY21
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Amazon Seller Services sales up 49% in FY21
Amazon Seller Services sales up 49% in FY21

BENGALURU: Amazon Seller Services’ revenue rose 49% to Rs 16,379 crore in the 2020-21 financial year. Its net loss was Rs 4,748 crore, a 19% decline from the previous fiscal, showed data from business research firm Tofler.
Amazon Wholesale India’s revenue dropped 7% to Rs 3,143 crore in the 2020-21 financial year. It registered a net profit of Rs 43 crore, a 132% increase from the last financial year.

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