Clicktech, a major seller on Amazon India, is acquiring its peer Appario as part of the ecommerce major’s plan to divest stakes in sellers on its platform.Appario is the largest seller on Amazon India following the closure of Cloudtail, and moves a significant volume of orders for the local arm of the US-based etailer. This is the second time Amazon is divesting its stake from a seller entity to comply with local ecommerce norms.Amazon is also fully acquiring Appario’s parent firm, Frontizo... Read this story
