Improved margins in Europe, Japan help Amazon offset India losses

India might continue to be a drag on Amazon's profits but this didn't stop the company from posting a record profit of $2.5 bn in Q2

After coming close to hitting $1 billion, Amazon's international losses have fallen for the third consecutive quarter as operating margins in markets such as Europe and Japan grew, offsetting losses the company continues to make in India.  

Amazon reported a loss of $494 million on sales of $14.6 billion from international markets (outside North America) for the three months that ended June 2018. The company had previously attributed the growth in its international losses to its ramped up investments in India. 

"We have seen over the last few quarters, improved operating margins internationally. In places like Europe and Japan, we're seeing