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Business not as usual: What changes for Amazon, Flipkart from tomorrow

To continue operating, Amazon and Walmart will now have to turn their sites in India into digital bazaars for independent merchants, becoming more like eBay

Vindu Goel | NYT 

On Friday, Indian consumers will wake up to an emptier, more expensive version of Amazon’s shopping service. Gone will be iPhones and cheap jumbo packs of Pampers diapers. Fewer varieties of Maybelline cosmetics will be available, and Amazon’s own Echo smart speakers will vanish entirely. In all, more than 400,000 items that account for nearly a third of Amazon’s estimated $6 billion in annual sales in India will probably disappear at least temporarily from the local version of the company’s service, as Amazon tries to comply with new e-commerce rules ...

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First Published: Thu, January 31 2019. 17:14 IST
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