Amazon in-house vendor Cloudtail posts four-fold growth in FY16 revenue

Amazone_shshCloudtail India Pvt. Ltd, which is part-controlled by Amazon.com Inc. and is believed to be the single-largest vendor on its Indian e-commerce marketplace Amazon.in, registered a four-fold jump in revenue for 2015-16. Revenue for the year ended 31 March 2016 increased to Rs 4,591.2 crore from Rs 1,145.4 crore the year before, three media reports […]

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Facebook adds jobs feature to take on LinkedIn

jobThe world’s largest social networking website Facebook now wants to be a job openings platform too. The California-based company has added a jobs tab on its page, in a move that could potentially challenge the position of professional networking site LinkedIn. “Based on behavior we have seen on Facebook, where many small businesses post about […]

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