Amazon India Drops Products From Site

February 01, 2019 12:09
Amazon India Drops Products From Site

Amazon India Drops Products From Site:- Amazon India came out with a statement about the new FDI rules in the country saying that the new introduced policy will have an impact on the price selection and convenience for the customers as well as for the sellers. Amazon India made some strict changes for its platform last night to match the new rules with its sellers Cloudtail and Appario. A concern was raised by several analysts during the fourth quarter earnings just a day ahead of the FDI rules coming into effect.

The Government of India hasn't given any leeway for Amazon and Flipkart to comply with the new e-commerce policy. "We remain committed to complying to the rules, but we are evaluating the situation. The main concern is trying to minimize impact on consumers and sellers" said CFO Brian Olsavsky. He said that they are still evaluating. Amazon clarified that the International sales slowed down during the last quarter.

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Amazon India  Business