Coronavirus News Asia

Prices surge on India’s e-commerce platforms

As the coronavirus outbreak is pushing more and more Indians to buy food and groceries online, some unscrupulous sellers on e-commerce platforms are jacking up prices.

India’s two e-commerce giants – Amazon and Flipkart – are working towards taking action against such sellers, the Business Standard reports.

The artificial price rises have hit kitchen staples and consumer sanitary products, which are now in short supply. Amazon claims it has already blocked thousands of products that were being sold above the stipulated maximum retail price, while the Walmart-owned Flipkart said it was removing products with fake claims and inflated prices on an ongoing basis. Flipkart claims it is urging sellers to exercise responsible pricing.

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