This is a rundown of last week’s news updates on eCommerce & Licensing:
Amazon’s largest seller to stop operations in India
Cloudtail India is a wholly owned subsidiary of Prione Business Services, which was in a joint venture with Amazon and Nagavara Ramarao Narayan Murthy’s Catamaran Ventures. The joint partners have decided not to renew their seven-year-old partnership with Cloudtail India, which ends on May 19, 2022. This decision comes at a time when the surveillance of the operations of foreign…