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amazon india logistics arm: Amazon India’s logistics unit sees revenue fall marginally to Rs 4,543 crore

Amazon Transportation Services (ATS), the Indian shipping arm of Amazon, saw its growth stagnate in the year ended March 31, 2023. It reported a marginal fall in operating revenue to Rs 4,543 crore from Rs 4,571 crore in FY22. The company’s net loss also narrowed marginally to Rs 86 crore in FY23 from Rs 95 crore in FY22, according to regulatory filings made with the Registrar of Companies (RoC). In FY22, ATS had clocked a revenue growth of almost 13%.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

appario: Amazon top seller Appario’s revenue dips 8% in FY23

Appario Retail–the largest seller on Amazon India–has reported an 8% drop in revenue for FY23 at Rs 14,604.2 crore, reflecting a slowdown on Amazon’s ecommerce marketplace in the country.Appario Retail reported a marginal rise in profit for FY23 at Rs 84 crore against Rs 82 crore in FY22, according to its regulatory filings with the registrar of companies sourced from business intelligence platform Tofler.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteNorthwestern UniversityKellogg…