Friday, December 25, 2020

Amazon India's e-commerce unit loss widens to Rs 5,849.2 crore in FY20, revenue up 43%

Amazon competes against Walmart-backed Flipkart and smaller players like Snapdeal and Paytm Mall. The US-based e-commerce giant is also locked in a legal battle with Future Group over the latter's Rs 24,713-crore asset sale deal with Reliance.

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