e-Commerce Part-2, Amazon

This is Part-2 of the series of stories on e-commerce companies wherein we are covering two important players – Amazon and Paytm. Part-1 published in January 2018, had covered Flipkart. We had shown how with as little as Rs 90.50 lakh capital, WS Retail Service Pvt Ltd, an e-commerce company could achieve a turnover of Rs 13,921 crore in FY16 and got away by paying a meager sum of Rs 1.89 crore as income tax.