Amazon will Keep investing in emerging markets like India


Amazon Inc stated that many of its international businesses, including India, are still in their early stages, and that the tech giant will continue to invest in these countries.


In the fiscal quarter ended June 30, 2022, Amazon reported a loss of $1.7 billion in its international business, compared to a profit of $362 million the previous year. Meanwhile, the company's net sales in the international market fell nearly 12% year on year (YoY) to $27 Bn in Q2. Amazon also stated that it has increased its pledge to enable $20 billion in cumulative exports to India by 2025.

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