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CLOUDTAIL AMAZON MARKETPLACE
Cloudtail India FY23 revenue plummets 84% as firm stops selling on Amazon marketplaceThe parent company of Cloudtail India has been renamed -- from Prione Business Services to Amazon Smart Commerce Solutions. Last year, Amaz...- Amazon India’s erstwhile biggest seller Cloudtail revenue jumped 15% before shutdownCloudtail’s biggest expenditure was related to purchase of inventory, which rose around 6% to Rs 15,492 crore.
- CCI raids top sellers of Amazon, other etailersPeople familiar with the matter said the raids, carried out in the capital, New Delhi and the southern tech hub of Bengaluru, related to CC...
- Amazon to absorb all Cloudtail, Prione employees, JV CEO tells employeesCloudtail, set up in 2014 as a joint venture between Amazon and Infosys founder NR Narayana Murthy’s Catamaran Ventures, is one of the larg...
- Cloudtail sends termination notice to vendorsThe notice from the Cloudtail CEO marks the first instance of the Prione subsidiary formally informing vendors of shutting Cloudtail.
- Cloudtail starts shipping business inventory to other sellers as closure nearsVendors who supply to Cloudtail across categories like electronics, health and personal care, and smartphones are being sent new contracts ...
- Amazon set to wheel away Cloudtail basketThe contract between Amazon and Catamaran Ventures – NR Narayana Murthy's investment office –- is slated to expire on May 19, but Amazon is...
- Amazon seeks CCI's nod to buy Catamaran's stake in CloudtailWhile Cloudtail will operate as per current strictures until May, if CCI’s clearance comes before that, the companies will move ahead to co...
- ET Exclusive: Murthy's Catamaran Ventures and Amazon India decide not to renew JV next year in CloudtailCatamaran and Amazon, the two partners have mutually decided to not continue their joint venture beyond the end of its current term ending ...
- Scouting for allies before debut, Amazon pledged minimum returnsIn 2010, three years before Amazon made its India e-commerce marketplace debut, the US giant circulated an investment proposal, code-named ...
- Cloudtail’s fee to Amazon India more than doubles in two yearsCloudtail, one of the largest sellers on Amazon India, has seen its marketplace fee or commission to Amazon India more than double in the l...
- Top Amazon vendor Cloudtail delays payments to suppliersCloudtail said it’s working with stakeholders to ensure that the disruption is minimised. “We are actively working with vendors, employees,...
- Cloudtail India revenue up 25%, touches Rs 8,945 croreCloudtail’s growth comes despite a major change in ownership of its holding firm.
- Cloudtail, Appario push brands for higher marginsAmazon’s largest sellers seek 18-20% hike on current margin base as they chase profitability.
- Amazon vendor Cloudtail looks to exit food spaceCloudtail is enrolling independent vendors to sell imported food products that Amazon Retail India (ARIPL) cannot trade on its marketplace.
- Amazon wants sellers to go all out as it reduces commission chargesAmazon has started rating fashion sellers in a bid to boost sales from independent vendors and the best performers will pay about 35% less ...
- Key Amazon seller Cloudtail returns in a new avatarNRN’s Catamaran raises stake in seller to 76%; Amazon’s JV with Patni, Appario, to also rejig ownership.
- Amazon plans wholesale makeover to become ecommerce FDI compliantAmazon’s prominent sellers may sell to slew of preferred vendors, who will undertake sales to consumers.
- Sellers allege Amazon favours Cloudtail, plan to move CCICloudtail is a joint venture between Amazon and Infosys cofounder Narayana Murthy’s family office Catamaran Ventures, and has been one of t...
- Amazon takes Cloudtail route to market private labelsMobile phones, the largest category in ecommerce, are both a high-value and a high-volume product, contributing significantly to Cloudtail’...
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