Amazon mum on India

Amazon has skipped the updates on its Indian businesses in its first quarter results announced Thursday. Previously, the Indian operations featured prominently in the e-commerce giant’s results details.

Throughout 2022, every quarterly earnings statement of Amazon had highlighted the initiatives the company had taken in various lines of its business in India such as introduction of electric vehicles to its delivery fleet, new shows aired on Amazon Prime and stepping up export targets to $20 billion by 2025.

The trend was also visible in 2021 and in 2020 with the announcements around Great Indian Festival sales.