Amazon says India investments showing results, but drain on global margins

Amazon, which on Thursday reported quarterly profits that fell short of Wall Street expectations, indicated that its India investments are starting to show results despite being at an early stage and would impact international margins as it plans to go all-out to conquer the all-important internet market, amid a bruising battle with local rival Flipkart.

In a post-earning conference call with investors, Amazon.com chief financial officer (CFO) Brian T. Olsavsky said that the company was excited about its investments in India and the response it had received from customers and sellers.

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