https://www.desidime.com/comments/permalink/10281572
doesn't matter ... they will make 100 such small self sellers ..
Amazon no more will have appario retail seller from today
Appario retail is sold to click tech retail . Be careful for purchases with this seller till he receive good feedback.
RIP APPARIO RETAIL - THE MOST TRUSTED AMAZON SELLER
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https://www.desidime.com/comments/permalink/10281587
Just like the Haldiram business split into Haldiram's Delhi, Haldiram's Kolkata and Haldiram Nagpur
by the third generation or so even the Poddars (of Siyarams') amicably split the businesses.
I think Govind Rubber and others are with Vinod Poddar.
The main/initial promoters behind ClickTech were/are the Poddars. Vinod Poddar faction.
When Rehan joined them https://linkedin.com/in/rehan-shaikh-9b22824 almost immediately after leaving CloudTail.. it was obvious that ClickTech would partly fill the shoes of Cloudtail.
(Little sense otherwise to hire him at the strategically important post of C_O.)
This Appario-Clicktech thing happened in April-2024 itself.
Maybe it is concluded now.
Maybe Clicktech rose from the ashes/grave of Cloudtail.. but the Poddars have business in their blood, DNA.
At-least enough to not let it suddenly collapse. Although digital distribution is digital distribution.
And in that too.. dealing with nutcases like Amazon Inc.
by the third generation or so even the Poddars (of Siyarams') amicably split the businesses.
I think Govind Rubber and others are with Vinod Poddar.
The main/initial promoters behind ClickTech were/are the Poddars. Vinod Poddar faction.
When Rehan joined them https://linkedin.com/in/rehan-shaikh-9b22824 almost immediately after leaving CloudTail.. it was obvious that ClickTech would partly fill the shoes of Cloudtail.
(Little sense otherwise to hire him at the strategically important post of C_O.)
This Appario-Clicktech thing happened in April-2024 itself.
Maybe it is concluded now.
Maybe Clicktech rose from the ashes/grave of Cloudtail.. but the Poddars have business in their blood, DNA.
At-least enough to not let it suddenly collapse. Although digital distribution is digital distribution.
And in that too.. dealing with nutcases like Amazon Inc.
https://www.desidime.com/comments/permalink/10281615
To allegedly protect the mom and pop stores, kirana shops/ unorganised sector
on paper, the laws disallow 100% FDI (foreign direct investment) in multi-brand retail in India.
But everyone hoodwinks the system.
And the law enforcement agencies and the law makers (members of parliament) look the other way.
Basic modus operandi is to register ...complex structure of shell companies in Cayman Islands, Panama, Ireland, Mauritius, Macao/ Hongkong or other places.
Then route funds from there.
Repatriate local income by calling it payments for royalty, licence fees, loan repayment and so on.
(Same as how Akshata Sunak uses/used technical loopholes to neither pay tax in the country of residence.. nor in the country of passport.
Same thing these foreign players too do. And obviously also bulldoze their way over kirana stores/ mom and pop stores. Local tieups may even show that 51% equity is held by locals. But in reality.. the foreign player or the offshore companies have 100% control of the local company's day to day activities.)
on paper, the laws disallow 100% FDI (foreign direct investment) in multi-brand retail in India.
But everyone hoodwinks the system.
And the law enforcement agencies and the law makers (members of parliament) look the other way.
Basic modus operandi is to register ...complex structure of shell companies in Cayman Islands, Panama, Ireland, Mauritius, Macao/ Hongkong or other places.
Then route funds from there.
Repatriate local income by calling it payments for royalty, licence fees, loan repayment and so on.
(Same as how Akshata Sunak uses/used technical loopholes to neither pay tax in the country of residence.. nor in the country of passport.
Same thing these foreign players too do. And obviously also bulldoze their way over kirana stores/ mom and pop stores. Local tieups may even show that 51% equity is held by locals. But in reality.. the foreign player or the offshore companies have 100% control of the local company's day to day activities.)
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https://www.desidime.com/comments/permalink/10281917
'amazon no more' sounds a bit weird.
mind rephrasing?
maybe something to the effect 'amazon will no more have'.
mind rephrasing?
maybe something to the effect 'amazon will no more have'.
https://www.desidime.com/comments/permalink/10284430
APPARIO RETAIL will be converted in 10 small amazon sellers .. amazon will favour there own sellers only
https://www.desidime.com/comments/permalink/10342002
not about genuinity. it is all about deals
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by the third generation or so even the Poddars (of Siyarams') amicably split the businesses.
I think Govind Rubber and others are with Vinod Poddar.
The main/initial promoters behind ClickTech were/are the Poddars. Vinod Poddar faction.
When Rehan joined them https://linkedin.com/in/rehan-shaikh-9b22824 almost immediately after leaving CloudTail.. it was obvious that ClickTech would partly fill the shoes of Cloudtail.
(Little sense otherwise to hire him at the strategically important post of C_O.)
This Appario-Clicktech thing happened in April-2024 itself.
Maybe it is concluded now.
Maybe Clicktech rose from the ashes/grave of Cloudtail.. but the Poddars have business in their blood, DNA.
At-least enough to not let it suddenly collapse. Although digital distribution is digital distribution.
And in that too.. dealing with nutcases like Amazon Inc.
on paper, the laws disallow 100% FDI (foreign direct investment) in multi-brand retail in India.
But everyone hoodwinks the system.
And the law enforcement agencies and the law makers (members of parliament) look the other way.
Basic modus operandi is to register ...complex structure of shell companies in Cayman Islands, Panama, Ireland, Mauritius, Macao/ Hongkong or other places.
Then route funds from there.
Repatriate local income by calling it payments for royalty, licence fees, loan repayment and so on.
(Same as how Akshata Sunak uses/used technical loopholes to neither pay tax in the country of residence.. nor in the country of passport.
Same thing these foreign players too do. And obviously also bulldoze their way over kirana stores/ mom and pop stores. Local tieups may even show that 51% equity is held by locals. But in reality.. the foreign player or the offshore companies have 100% control of the local company's day to day activities.)