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Amazon likely to sell stakes in Cloudtail, Appario to meet e-commerce norms: report

Updated : December 28, 2018 08:43 AM IST

The report said that if Amazon plans to sell its stakes in the two companies, for the first time these sellers will be valued on an independent basis.
Cloudtail is a joint venture between Amazon and NR Narayana Murthy’s Catamaran Ventures and Appario is a joint venture between Amazon and the Patni Group.
Amazon likely to sell stakes in Cloudtail, Appario to meet e-commerce norms: report
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