The raids in progress even as Cloudtail India, which drives nearly 80% of Amazon’s sales and was recently acquired by the e-tailer is in the process of shutting down.
3 hours ago
A group of seller associations in India, including the All India Online Vendors Association (AIOVA), All India Mobile Retailers Association (AIMRA), Federation of All India Distributors Associations (FAIDA), organised a discussion on Thursday about the dominance and of e-commerce giants in India, and their impact on retailers and traders. Scheduled before Amazon’s four-day event for small and medium businesses, the event Smbhav, which translates to “possible” saw over a dozen retail representatives. Their event was titled Asmbhav, which translates into “impossible”. Over a dozen retailer representatives spoke out against unfair practices by e-commerce giants, though most of it was directed towards Amazon.