Posted inSouth Asia

E-commerce shakeup jolts Amazon, Flipkart

India’s new electronic commerce investment rules have jolted market leaders Flipkart and Amazon, which are scrambling to restructure their business models after being forced to remove a large number of products from online sale lists. Effective from February 1, the changes resulted from intense lobbying by small businesses, which are struggling to match the deep discounts and predatory competition […]

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