Amazon.com defended its business strategies in India as it came under fire from ...
) defended its business strategies in India as it came under fire from a local trader group on Friday over discounted products on the global e-commerce giant’s website.
New e-commerce foreign investment rules that took effect in India from February were designed to help small traders by curbing heavy online discounting, but traders have complained that big online retailers use complex business structures to circumvent the rules and continue to burn billions of dollars to offer discounts.
Sundaram hit back with a personal example, saying he had once spent half a day once walking around New Delhi markets to buy an air conditioner and managed to secure a discount of 6,000 rupees.The new rules introduced in February followed complaints from small traders who said that the e-commerce giants used their control over inventory from affiliated vendors to create an unfair marketplace.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Disney sells its stake in YES Network to investor group that includes AmazonThe Yankees and Sinclair Broadcast Group are also among the members of the investor group.
Leer más »
This Indian Lemonade recipe has major health benefits - and it only takes 10 minutes to make!Hari Ghotra's Nimbu Pani (or shjikanji) recipe is an Indian take on the classic lemonade but with major health benefits. You can use lemons or limes and will also need cumin, chaat masala and black salt.
Leer más »
Indian state on alert ahead of publication of citizenship registerTens of thousands of paramilitary personnel and police were deployed in India&0...
Leer más »
Citizenship list in Indian state sparks fears for millionsNEW DELHI (AP) — On the day before his five children were to appear in front of a tribunal in India's northeastern state of Assam to prove they were not in the country illegally, Rahim Ali hanged...
Leer más »
Brazil's Bolsonaro awaits news on U.S. help for AmazonBrazil's President Jair Bolsonaro said on Friday he may have news later in ...
Leer más »