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News on Medial
Explained: Why Amazon and Flipkart are under the scanner for non-certified products
Economic Times
·
4m ago
Medial
The Bureau of Indian Standards (BIS) raided Amazon and Flipkart warehouses in Lucknow, Gurugram, and Delhi, uncovering non-certified products like toys and electronics lacking mandatory BIS certification. Notices were issued to major e-commerce platforms, mandating the sale of certified items. Non-certified products pose safety risks as they aren't independently tested. Companies face penalties up to ten times product value or imprisonment under the BIS Act. Amazon stated adherence to laws and proactive safety measures.
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ETtech Explainer: Why Amazon, Flipkart, Meesho were pulled up amid Operation Sindoor
Economic Times
·
2m ago
Medial
India's consumer protection regulator issued notices to 13 e-commerce platforms for selling walkie-talkies without specifying legal compliance, including frequency range and licensing requirements, thus breaching statutory obligations. This comes amid security concerns during India's conflict with Pakistan. Platforms like Amazon, Flipkart, and Meesho are directed to enforce compliance and delist non-compliant sellers. New guidelines under the Consumer Protection Act, 2019, are proposed to prevent illegal sales, with potential penalties for non-compliance.
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Amazon responsible for hazardous products sold by third-party sellers on platform, CPSC says
Economic Times
·
1y ago
Medial
The US Consumer Product Safety Commission (CPSC) has declared that Amazon is legally responsible for hazardous products sold by third-party sellers on its platform under federal safety law. The CPSC has ordered Amazon to propose plans to notify consumers about the dangerous products and remove them from homes through returns or destruction. Over 400,000 products, including faulty carbon monoxide detectors and non-compliant children's sleepwear, are subject to this order. Amazon, as a distributor of these products listed on their website, has not yet responded to requests for comment.
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CCPA Sends Notices To Ecommerce, Quick Commerce Companies
Inc42
·
9m ago
Medial
The consumer watchdog has sent notices to several companies, including Amazon, Flipkart, Swiggy Instamart, MyGlamm, and Snapdeal, for alleged violations of mandatory declaration rules under the Legal Metrology Act. The companies are accused of not displaying expiry and best before dates for the products they sell. The Consumer Protection Act (CCPA) has been actively targeting quick commerce and e-commerce platforms in recent weeks to ensure compliance with regulations.
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Amazon launches an online discount storefront to better compete with Shein and Temu
Economic Times
·
8m ago
Medial
Amazon has launched a new online storefront called Amazon Haul, offering products priced at under $20 to compete with discount retailers. The storefront features mostly products under $10 and offers free delivery on orders over $25. Products are shipped from a warehouse in China and delivery takes one to two weeks. The products available resemble those found on Shein and Temu, popular Chinese e-commerce platforms known for low-cost apparel. The move aims to provide value to customers and Amazon plans to refine and expand the offering in the future. Amazon also announced the shutdown of its ad-supported streaming service Freevee, consolidating content under Prime Video.
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Spiritual lifestyle brand Divine Hindu raises seed round
Entrackr
·
1m ago
Medial
Spiritual lifestyle brand Divine Hindu has raised Rs 1.56 crore in a seed funding round from BeyondSeed, D2C Insider Super Angels, and Signal Ventures. The proceeds will be utilized for brand growth in India and overseas, offer more spiritual products, and build an online community around Hindu traditions, Divine Hindu said in a press release. Co-founded by Aniruddha Singhai and Anurodh Singhai, Divine Hindu offers certified devotional and spiritual products, including Rudraksha, Tulsi, Karungali, sandalwood, agarbatti, brass idols, puja kits, sacred jewellery, gemstones, and religious books. Each item is selected to honor ritual purity, support traditional artisans, and provide beautifully made spiritual products that people can trust. Divine Hindu aims to expand all over India through e-commerce platforms such as Amazon, Flipkart, Myntra, Blinkit, Zepto & Instamart. The brand also plans to start selling products internationally, initially through Amazon Global, to places like the US, UK, UAE, and Canada. It is also preparing new product launches such as curated puja kits and spiritual wearables.
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Amazon bets on growing premium fashion and beauty sales for Great India Festival
YourStory
·
10m ago
Medial
Amazon India is witnessing a growing demand for premium products, particularly in the fashion and beauty categories. Customers are increasingly opting for premium brands, leading to a significant year-on-year growth in these segments. High-ticket items like gold jewellery have also experienced substantial growth. Amazon has focused on featuring and making premium brands easily discoverable for these customers. The company has launched the Premium Store on Amazon Fashion, offering over 650 premium brands. In addition, there is an increased demand for clean beauty products and Korean skincare. Amazon is also catering to budget-conscious Gen Z shoppers and expanding its selection of products popular among them. Fast last-mile deliveries are being prioritized to compete with competitors like Nykaa. The upcoming festive season sales, which have a significant impact on ecommerce revenue in India, are being prepared for by Amazon and its rivals Flipkart and Meesho.
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CCI finds alleged collusion between Samsung, Xiaomi and other smartphone makers and Amazon, Flipkart: Report | Mint
Livemint
·
10m ago
Medial
Smartphone companies, including Samsung and Xiaomi, colluded with Amazon and Flipkart to launch products exclusively on the e-commerce platforms in violation of antitrust laws, according to Indian regulatory reports. The Competition Commission of India found that Amazon and Flipkart gave preferential treatment to certain sellers, prioritized specific listings, and offered steep discounts, damaging competition. The reports also accused Samsung, Xiaomi, and other smartphone brands of engaging in "collusion" with Amazon and Flipkart. This development could lead to legal and compliance challenges for the implicated smartphone companies.
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Amazon launches Bazaar to sell items below ₹600
Livemint
·
1y ago
Medial
Amazon has launched 'Bazaar', a new section on its Android app dedicated to affordable and trendy lifestyle products priced under ₹600 ($8). The move is seen as Amazon's attempt to strengthen its position in India's fast fashion market and compete with rivals Flipkart and Ajio. Initially focused on unbranded fashion and lifestyle products, the new section offers a range of items including apparel, accessories, watches, shoes, kitchenware, and home décor. Bazaar aims to provide delivery within two to three days and may offer zero referral fees for low-priced products.
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Amazon rebrands GenZ fashion platform as ‘Serve’
Economic Times
·
2m ago
Medial
Amazon has rebranded its Gen Z fashion platform to "Serve," targeting young customers in tier-II and tier-III cities. The name aligns with trending fashion terminology. The platform, which offers products from over 350 brands, has experienced a significant increase in Gen Z and non-metro city shoppers. The rebranding aims to democratize trend-forward fashion, aligning with Gen Z's preference for individuality, trend-alignment, and affordability, amidst growing competition from platforms like Flipkart and Myntra.
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Flipkart influencing prices for select sellers, funding discounts, alleges Madras HC lawyer
Economic Times
·
10m ago
Medial
A Madras High Court lawyer has filed a complaint with the DPIIT, alleging that e-commerce platform Flipkart is offering discounts to select sellers, creating a non-competitive environment. The lawyer claims that sellers on Flipkart have brought this practice to his attention, providing screenshot evidence of communication from Flipkart and its platform Shopsy. Flipkart has not responded to the complaint. The lawyer argues that these discounts, which are funded through waivers, influence the pricing of certain sellers and undermine fair trade principles. The Confederation of All India Traders has also urged the government to suspend festive sales events by Flipkart and Amazon due to anti-competitive practices.
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