Amazon omits India business in earnings, a first in years
https://techcrunch.com/2023/04/27/amazon-omits-india-business-in-earnings-a-first-in-years/
Amazon omitted India updates in Thursday’s earnings call and release, a notable change for the e-commerce giant that has consistently highlighted rapid growth in the South Asian market.
The absence of India in the quarterly earnings, the first since early 2014, follows Amazon’s shutdown of multiple services, including food delivery and wholesale distribution, in the country, prompting many analysts to wonder if the American giant is scaling back operations in the country amid global restructuring.