wordpress blog stats
Connect with us

Hi, what are you looking for?

Small number of retailers, including Cloudtail, account for two-thirds of Amazon India sales: Report

Thirty five sellers, Cloudtail one of them, accounted for two-thirds of Amazon's sales in India, Reuters reported. The agency's reporting reveals how Amazon used legal manoeuvres to sidestep Indian regulations aimed at curbing deep discounting, and limiting Foreign Direct Investment. The report also reveals details of prep notes for meetings between Amazon officials and the Indian ambassador to the US and Prime Minister Narendra Modi. In the former meeting, Amazon warned a top official to not disclose the sales concentration in a small number of retailers, saying this information was 'sensitive'. We have reached out to Amazon for its responses to the report. The revelations may increase government scrutiny on the company, and have already inflamed local traders who have long considered e-commerce platforms to be an existential threat. Over the years, CAIT and other trade associations have accused Amazon…

Please subscribe/login to read the full story.
Written By

I cover the digital content ecosystem and telecom for MediaNama.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ