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Amazon Pay India cuts losses by 39% in FY24
- Amazon Pay India has reduced its net loss by 39.21% in FY24, reaching Rs 911.2 crore.
- The revenue from operations for Amazon Pay India increased by 9.26% to Rs 2,286.9 crore in FY24.
- Expenses for Amazon Pay India decreased, with advertising promotional expenses falling by 30.62%.
- Amazon Pay India has gained over 100 million UPI users and is among the top 10 most-used UPI payment methods in India.
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