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‘Large’ India investment weighs on Amazon Inc’s bottom line

Friday, February 3, 2017 | More »

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US-based Amazon Inc’s loss from international business widened to $487 million for the quarter ended 31 December 2016 compared to $108 million in the same period in 2015, as heavy investments in India, and aggressive spend on digital content and setting up warehouses weighed on the bottom line. Du...