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Amazon India reports over 105% revenue growth in FY17
short by Shifa Naseer / on Thursday, 30 November, 2017
Amazon on Wednesday said that it has more than doubled its business in Indian subsidiary, Amazon Seller Services, with over 105% growth in revenues in the year ended March. The subsidiary posted a 41% increase in earning to $485.4 million during the said period, according to filings. Earlier, Amazon invested over ₹2,900 crore into Amazon Seller Services, as per filings.
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