At its peak Cloudtail had turned a profit of Rs 29.4 crore in FY19, a sharp contrast to its performance in FY2, which had a similar topline, showing how crucial Amazon’s support was for the seller.
Bengaluru-based Dawntech Electronics will take over Cloudtail’s consumer electronics business, Economic Times reported on November 25. In August, Amazon and Narayan Murthy-owned Catamaran Ventures ...
Amazon's leaked internal document has brought the spotlight on two particular sellers on the platform -- Cloudtail and Appario - who enjoyed over 35 percent of total sales on the platform until 2019.
Amazon and parent of its top Indian seller Cloudtail have decided to not continue their joint venture after May 2022, the two firms said in a statement Monday, hours after India’s top court ruled that ...
Amazon had a 24 percent stake in Cloudtail which has reportedly allowed the e-commerce giant to sidestep India’s FDI regulations so far. Amazon and Catamaran have decided to end their seven-year-old ...
CCI raids on sellers like Cloudtail, Appario offices has opened a pandora box on the nexus between sellers and online marketplaces After Cloudtail shutdown, industry executives say Amazon may be in ...
NEW DELHI (Reuters) -Amazon.com Inc and one of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from ...
New Delhi: Cloudtail India - one of the largest sellers on the Amazon India marketplace - clocked over 45.7 per cent rise in revenue to Rs 16,639.04 crore, while its profits more than doubled to Rs ...
Tech Editor at MensXP. Analogue at birth, Digital by design. Better known as Bhallanator on Twitter. Akshay is a massive Star Wars fan, A professional gamer and collects sneakers in his spare time. He ...
Cloudtail, one of the largest sellers on Amazon India, has seen its marketplace fee or commission to Amazon India more than double in the last two years in terms of the percentage of its revenue it ...
Cloudtail India Pvt. Ltd, the joint venture of Amazon, has received an injunction from the Delhi High Court against telecom technology company Excel Telesonic. Excel Telesonic has been asked to stop ...