Amazon India slashes costs, discounts to battle losses and turn profitable by 2019

Amazon India slashes costs, discounts to battle losses and turn profitable by 2019

Since Amazon CEO Jeff Bezos made that initial $2 billion investment commitment in July 2014, Amazon India has already received more than Rs15,000 crore ($2.31 billion). Photo: Hemant Mishra/Mint

The Indian unit of Amazon.com Inc. may soon face the same problem that has dogged Internet start-ups in the country over the past 18 months: how to cut losses without sacrificing sales growth.

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