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Even as global losses widen, how India remains a ‘good story’ for Amazon

Amazon on Friday said India continues to be a “good story” for the US e-tailing giant, even as its losses from its international operations widened to $919 million for the December 2017 quarter.

The operating loss in Amazon’s international business was at $487 million during the year-ago period.

However, net sales in the segment grew to $18.03 billion in the fourth quarter, from $13.96 billion a year ago.

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