Rupa & Co scions take over Cloudtail’s home, kitchen and sports businessRetailEZ is among many new sellers that are taking over Cloudtail’s business following Amazon’s acquisition of the latter’s parent company ...
26 Jul, 2022, 04.23 AM IST
Taking the battle head-onTwitter, in its writ petition, said orders from the ministry of electronics & information technology (MeitY) were “overboard and arbitrary,...
09 Jul, 2022, 08.06 AM IST
Finfluencers face new reality; Rajeev Misra steps back at SoftBankNow it looks like the party is over for these 'finfluencers', who tell us their income has fallen 30-40% from last year as startups slash t...
08 Jul, 2022, 07.16 AM IST
FMCG sales fall on Amazon after Cloudtail transitionFinance teams at leading fast-moving consumer goods brands say the new entities lack the required heft in dealing with high-volume transact...
08 Jul, 2022, 06.00 AM IST
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...
29 Apr, 2022, 07.28 AM IST
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...
25 Apr, 2022, 05.00 PM IST
Pushback on crypto ‘shadow ban’; Amazon to absorb Cloudtail, Prione employeesNow, many top banks which have blocked UPI for trading crypto based on “verbal instructions” from NPCI, want it to spell out the rules in w...
25 Apr, 2022, 07.06 AM IST
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.
12 Apr, 2022, 12.12 PM IST
Cloudtail’s exit notice worries small sellers; Meesho lays off more than 150; LeadSquared may be next unicornSome small sellers are worried as Cloudtail hasn’t yet told them where their inventory and business will be shifted before it shuts down.
12 Apr, 2022, 08.25 AM IST
Cloudtail’s closure begins; Reliance aims to be quick-grocery giantCloudtail, which at one point accounted for more than half of all sales on Amazon in India, is now in its final days.
28 Mar, 2022, 10.10 AM IST
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 ...
28 Mar, 2022, 06.00 AM IST
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 ...
22 Feb, 2021, 07.45 AM IST
Amazon bets on 3rd-party sellers, doubles 2020 India target to $16 billionThe overall volume of sales by these sellers has gone up in the range of 6-10% in the recent past as Amazon-backed sellers have tried to cu...
12 Aug, 2019, 10.58 AM IST
Small e-commerce sellers no less in mega offersNewly appointed players on Flipkart, Amazon offer items at prices similar to those set by cos such as Cloudtail, Appario.
21 Feb, 2019, 06.56 AM IST
Govt accuses Amazon, Flipkart of influencing prices; companies deny chargesThis is the first time since the new rules were announced on December 26 that there is clarity on how the e-tailers, who were lobbying at a...
06 Feb, 2019, 08.44 PM IST