Amazon’s JV Appario Retail Clocks In $104.4 Mn For FY18


sellers and authorities alike, another big seller for the global ecommerce giant, Appario Retail, a joint venture between Amazon and the Patni group, registered a total income of $104.44 Mn (INR 759 Cr) in financial year 2017-18. In its first year of operation, the Amazon seller has reportedly recorded the total expenditure of $105.51 Mn (INR 767 Cr), with the loss after tax standing at $963.3K (INR 7 Cr).




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