Koovs annual sales jump 65 percent but losses widen
London-listed e-commerce company Koovs bore the brunt of India’s demonitisation policy, which resulted in further dent into its losses for the year ended March 31, 2017. While its sales surged 65 percent in local currency to 1.6 billion Indian rupees (11,323 thousand dollars), losses widened to 294 million Indian rupees (4,375 thousand dollars)...
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