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Amazon and Flipkart explain business models to govt: Reports
short by Dharna / on Friday, 8 November, 2019
Amazon and Flipkart have reportedly explained to the government that they incur losses in their Indian operations due to investments into developing the business, rather than on predatory discounting as alleged by CAIT. The e-commerce giants cited making "big" investments in creating warehousing and logistics networks. They denied having any say in the pricing or discounts on the seller listings.
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