Amazon continued to gush about its India operations and investments in the country for the quarter ended March 31, 2017 (Q1 2017). CEO Jeff Bezos said that Amazon.in is the fastest growing marketplace and that it was still "Day 1 for e-commerce in India, adding that the company "will keep investing in technology and infrastructure while working hard to invent on behalf of our customers and small and medium businesses." Amazon added it has increased the fulfilment capacity for sellers by 26% this year; around mentioned that 80% of the sellers in India used its fulfilment services, as of September last year. Amazon now has 27 fulfilment centres operational across 10 states in India with a total storage capacity of over 7.5 million cubic feet. Bezos added that the company has increased Prime selections by 75% since launching it nine months ago in India. Amazon has also green-lit 18 Indian original TV shows for Primes Video. Here's a look at all the content tie-ups Prime Video has done so far. Other notes from its results International operations investments: Note that Amazon's international segment reported a loss of $481 million compared to $121 million due to increasing investments in foreign markets particularly in India. In December, the company made a fresh investment of Rs 2010 crore into its India unit taking the overall investment in India to Rs 7,000 crore in the financial year. Other notable global investments include: - Launching Amazon Prime in Mexico with over 20 million eligible products. Prime members receive free one-day shipping in several of Mexico’s largest…
