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Kishan Kabra

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Guava Trees Softech Pvt • 12m

🚨Amazon India reported operating revenue of about ₹222 billion , which was a significant increase from 2021 & 2022 (₹214.62 each year) ₹187 billion directly from marketplace services in 2022. ❓Why is it still not postive in profitability after offering vast service: cashbacks, festival, offers, association with banks on cards, prime, prime shorts, etc.? Vs Softbank-backed Meesho said it became the first e-commerce unicorn to post consolidated profit after tax in the second quarter ended September 2023. The company did not disclose the amount of profit it earned in the July-September period. During the first-half period of the current financial year, the company reported narrowing of losses to Rs 141 crore and an increase in revenue by 37 per cent on a year-over-year basis to Rs 3,521 crore.

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