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Amazon’s board has greenlit a proposal to merge its Indian logistics arm, Amazon Transportation Services (ATS), with its primary marketplace entity, Amazon Seller Services
The move will help Amazon streamline the business operations of the two companies and reduce legal and tax compliance
ATS reported a net loss of INR 80.3 Cr in FY24 on operating revenue of INR 4,888.9 Cr; Amazon Seller Services’ net loss stood at INR 3,469.5 Cr during FY24, while operating revenue came in at INR…
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Amazon’s board has greenlit a proposal to merge its Indian logistics arm, Amazon Transportation Services (ATS), with its primary marketplace entity, Amazon Seller Services
The move will help Amazon streamline the business operations of the two companies and reduce legal and tax compliance
ATS reported a net loss of INR 80.3 Cr in FY24 on operating revenue of INR 4,888.9 Cr; Amazon Seller Services’ net loss stood at INR 3,469.5 Cr during FY24, while operating revenue came in at INR…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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