Had a strong Prime Day in India, Diwali off to a good start: Amazon CFO

Amazon clocked a profit of $407 million in its international business, helped by an increasing number of people buying online.

Amazon’s net sales increased 37 per cent to $96.1 billion in the third quarter, compared to $70.0 billion in third-quarter of 2019. Despite the Coronavirus (Covid-19) pandemic, Amazon’s net income tripled to $6.3 billion in the third quarter, compared to a net income of $2.1 billion, in the same period in 2019.

The e-commerce giant will continue to invest in international markets including India, where the volumes are growing. Brian T Olsavsky, senior vice-president and chief financial officer, Amazon, said