The grocery group-buying business has come under fire from state media as a cheap means of monetization, but how real is the threat posed to conventional retailers?
Things are going to shake up for Amazon India and Flipkart both, as India is working on yet another round of changes in FDI norms for the e-commerce sector.
Chinese consumers are expected to account for 50% of the global luxury market by 2025. Second-hand luxury platforms have also sprung up in China to gain a slice of the market.