Govt's tough new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the country's online retailers
With Shopsy, Flipkart aims to enable over 25 million online entrepreneurs by 2023 as they reap the benefits of digital commerce
The coming weeks should give us an idea on how e-commerce firms would do business in India if new rules are to be followed, writes Nivedita Mookerji
Spread across 120,000 sq ft, the centre will employ over 1,200 people at full capacity
The tussle with governments is a familiar territory for Amazon since it, along with Apple, Google and Facebook, face potentially similar charges in the US
The proposed rules have created quite a stir among companies, with some anticipating a change in their business structure if these are implemented
New Indian e-commerce rules will raise costs for all online retailers but particularly Amazon and Walmart's Flipkart as they may have to review their business structures, senior industry sources said
New e-commerce rules expand govt role in the business
Experts say these changes could impact business structures used by Flipkart and Amazon in the fast growing Indian e-commerce market
India proposed banning flash sales on e-commerce websites and said their affiliate entities shouldn't be listed as sellers on their platforms, in a proposed tightening that could hit Amazon, Flipkart
Flipkart and Amazon are in a court battle against the CCI bid to restart an investigation into their business practices, after a judge in early June dismissed the companies' pleas.
Govt proposes appointing chief compliance officer, nodal contact person mandatory for companies
The e-commerce majors had filed separate appeals before the division Bench of the High Court, challenging a single-judge Bench order allowing the CCI to restart its probe against them.
Both appeals may be heard on Friday
The companies have denied wrongdoing and near-immediate legal challenges from the pair stalled the investigation for more than a year until a court last week ruled it could resume
E-commerce policy expected to be finalised by end of June
Flipkart said it is working with over 9,300 Kirana delivery partners and 10,000 sellers from the region.
The Competition Commission of India (CCI) initiated a probe in January last year on the basis of a complaint alleging Amazon and Flipkart promoted select sellers on their e-commerce platforms
ADQ was formerly known as Abu Dhabi Developmental Holding Company
Flipkart Wholesale is also witnessing high organic adoption of e-commerce among its Best Price members