(Upcoming SALE??) AMAZON & FLIPKART to clear stocks due to ECOMMERCE rules change effective from FEB 1

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Deal Lieutenant
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https://m.economictimes.com/small-biz/policy-tr...

ACC to reports Amazon, Flipkart, MYNTRA, etc do hold an inventory stock worth 5000 crore

Due to policy changes as below

https://www.desidime.com/forums/dost-and-dimes/...

They need to clear stocks by FEB 1, so analysts & experts are predicting a SALE especially in FASHION

what do dimers think, kindly reply
Appreciate your views on the issue
Thanking you in advance

5 Comments  |  
5 Dimers
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Even if policy is framed, they would reach courts /policymaker to extend timeline saying we have X crs of stock. Further fashion is one of the most popular categories across all the e-market players. So they would find some loopholes to sell the stock.

I remember days back uber ran business for a year in contravention to RBI policy of having card stored on file.

Similarly irrespective of fdi norms, policy this market player would continue to control and dominate the market someway or the other.

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stella.dmonte654 wrote:

Even if policy is framed, they would reach courts /policymaker to extend timeline saying we have X crs of stock. Further fashion is one of the most popular categories across all the e-market players. So they would find some loopholes to sell the stock.

I remember days back uber ran business for a year in contravention to RBI policy of having card stored on file.

Similarly irrespective of fdi norms, policy this market player would continue to control and dominate the market someway or the other.

Rightly said, but having gone through the process atleast they need to liquidate ASAP as the fashion trends & court battles doesn’t go hand in hand

Having said that, at the end of the day it’s not straightforward to wait to get a clarity on policy, so better to get it cleared & start afresh would be natural thought process

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Moderator

So, the push is confirmed then. grinning Let’s see how they plan things. In this case, many deep discount sales shall be expected in coming days, specially in last week of Jan. smiley Good days ahead for shoppers and resellers. Suddenly missing eBay! stuck_out_tongue_winking_eye

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We all know what happened when there’s news everywhere about clearance sales prior to GST Introduction

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Nothing happened. No price drop. Its flak

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