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Amazon’s Logistics Arm Sees 7.6% Jump In Revenue, Narrows Net Loss By 6.9%

  • Amazon Transportation Services (ATS) reported a 7.6% increase in revenue in FY24.
  • ATS narrowed its net loss by 6.9% to INR 80 Cr.
  • Total expenses of ATS rose by 7% to INR 5,004 Cr.
  • Amazon is considering launching a standalone payments app in India.

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