Attractive discounts and fast deliveries on Amazon and flipkart are offered by the big online selling shop, after a week-long operational disruption issue . Just like the top sellers like Cloudtail, Appario and Amazon Retail returned on its main platform back on Thursday.
The latest rules for foreign-owned e-commerce companies which came into effect probably on February 1. Moving just like this, companies like Cloudtail, Appario also stopped selling products on Amazon.in as the group companies have more than 25% stake in its parent company.
Amazon has already restructured its stake in holding the companies of both Cloudtail and Appario Retail to be compliant with the new updated norms. Co-founder of Infosys i.e. N R Narayana Murthy’s investment firm i.e. Catamaran has increased its stake in Prione Business Service. Similarly, the Ashok Patni family office will also hike stake in Appario parent Frontizo Business Service to 76%.
Cloudtail has added 3,00,000 products in last 12 hours after they returned, the daily said citing Marketpulse, which tracks seller data. Wallmart-owned Flipkart too has held talks with the large offline distributors to work very closely with them so as to ensure adequate listing on its marketplace and for the faster deliveries. Both Amazon and the Flipkart group along with Myntra and Jabong are clocking daily shipments of 6-7 lakhs each.
Daily work at both Amazon and Flipkart are soon going to be very normal in the coming days. Several other products like Amazon devices are now estimated to be delivered within a day or two from the estimate of 36-40 days after the policy was implemented on Feb 1. With Cloudtail and Appario back on Amazon, it would definitely help the company.