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 ...
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 ...
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 ...
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.
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