Amazon losses narrow to Rs 3,649 crore in FY22

Amazon Seller Services’ losses narrowed to Rs 3,649.2 crore in FY22 from Rs 4,748.1 crore in FY21, data from Tofler showed. The retailer’s operating loss also narrowed to Rs 1,285.9 crore for the year to March, 2022, from Rs 2,970.6 crore in the previous year. Revenues from operations for the period went up by 32.4% to Rs 21, 462 crore.

Amazon Seller Services operates a marketplace on which it sells products both online in India and internationally.