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Home » Amazon’s interest in Cloudtail
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Amazon’s interest in Cloudtail

News DeskBy News Desk26 December 2021Updated:26 December 2021No Comments1 Min Read
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Amazon India has proposed to take full control of Cloudtail. The e-commerce giant has approached the Competition Commission of India (CCI) for approval to acquire Catamaran Ventures stake in Prione.

Waiting for approval

Prione operates Cloudtail, the largest and longest-serving seller on the Amazon platform. The decision comes months after Catamaran and Amazon decided to end the joint venture. If CCI approves the deal, Amazon will fully own Prione. Amazon’s move comes at a time India is looking to tighten rules for e-commerce.

Amazon banner business cloudtail ctamaran Ecommerce India online shopping prione technology
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