close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Crackdown against Amazon, Flipkart: When your discounts will be curbed and more

Dec 27, 2018, 12:45 PM IST
GPlus

E-retailers faced a major setback after the Government came up with a review policy regarding  Foreign Direct Investment (FDI) in e-commerce sector which gave another perspective to the entire policy framework. It said that these platforms cannot sell products offered by companies in which they own a stake. Also, they will no longer be allowed to enter into an agreement with a company to sell their products exclusively. 

1/7

New norms from February 1

New norms from February 1

February 1: The date from which the clauses prescribed by the Government will be effective. (Pixabay)
 

GPlus
2/7

Vendor's inventory limit

Vendor's inventory limit

Inventory of a vendor will be deemed to be controlled by e-commerce entity if more than 25% of the purchase of such vendor is from the marketplace entity or its group companies. (Pixabay) 
 

GPlus
3/7

E-commerce transactions

E-commerce transactions

$19.5 bn: worth of e-commerce transactions at a gross level before returns and rejections. (Pixabay)

GPlus
4/7

E-commerce market share

E-commerce market share

75%: market share held by top two players in India. (Pixabay)

GPlus
5/7

Number of online shoppers

Number of online shoppers

80-100mn: Online shoppers in the market and growing organically. (IANS)

GPlus
6/7

E-commerce growth

E-commerce growth

86%: Growth projected in e-commerce in the next five years. (Pixabay)

GPlus
7/7

Valuation of e-commerce retail logistics

Valuation of e-commerce retail logistics

$1.35 bn: Valuation of e-commerce retail logistics market in 2018. (Reuters)

GPlus