Amidst ongoing protest by sellers and traders bodies over violation of FDI rules for e-commerce marketplaces, Amazon India’s largest seller, Cloudtail, has revealed its financial performance for FY19.
Cloudtail, a joint venture between Amazon and Infosys founder NR Narayana Murthy’s Catamaran Ventures, has once again hit the profitability milestone for the financial year ending on March 31, 2019.
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