Swipe through the latest business and wealth clues with our android app

Small sellers call it quits on Amazon India post new norms

Over a dozen small sellers have suspended their accounts at Amazon India, after the new FDI norms kicked in, since they are unable to manage logistics and order deliveries on their own.  This move, however, is unlikely to affect the e-commerce giant’s revenue. Most of these entities sold products through Amazon-owned Cloudtail and Appario before the new rules rolled out. Amazon however on its part said that they have introduced several initiatives and services such as Easy Ship and Service Provider Network to ensure a robust marketplace for sellers of all sizes to sell and grow. 

Read More at The Economic Times News date : 6 Feb 2019, Wednesday

©2019 TheNewsClues