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SUMMARY
Amazon’s board has greenlit a proposal to merge its Indian logistics arm, Amazon Transportation Services (ATS), with its primary marketplace entity, Amazon Seller Services
The move will help Amazon streamline the business operations of the two companies and reduce legal and tax compliance
ATS reported a net loss of INR 80.3 Cr in FY24 on operating revenue of INR 4,888.9 Cr; Amazon Seller Services’ net loss stood at INR 3,469.5 Cr during FY24, while operating revenue came in at INR…
