Monday May 21, 2018

FDA indicts Snapdeal for selling prescription drugs; Amazon, Flipkart also ‘under’ scanner

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Rx-Drugs

By NewsGram Staff Writer

In a major crackdown on the sale of prescription drugs online, The Maharashtra Food & Drugs Administration (FDA) has come down heavily upon e-commerce website Snapdeal.

As per FDA Commissioner Harshadeep Kamble the FDA sleuths raided Snapdeal’s office in Goregaon, north-west Mumbai, after a specific tip-off was received that prescription drugs like Ascoril cough syrup, Viagra tablets, and other medicines were being sold online.

The official said that Snapdeal.com has been asked to provide details of the people involved, medical stores, companies, their respective documents including agreements, challans, invoices, payment details etc.

The FDA directive mandates Snapdeal to immediately withdraw offers for sale and exhibition of such drugs from its e-commerce sites and delist them, which the company has agreed to comply with.

The FDA has also ordered a search of Snapdeal’s offices and godowns in this connection.

Responding to the allegations, Snapdeal denied findings of any such restricted products at their fulfillment centre by the FDA team. Snapdeal, however, assured help to the FDA sleuths in their investigations.

An official spokesperson of Snapdeal said, “Though we periodically educate sellers on engaging in fair and safe sales on the platform and consequences of selling inappropriate products, at times sellers end up listing such products.”

“Upon being notified of any such products, we delist the products and take appropriate action against such seller. In this case, upon receiving the notice, we have delisted the products and provided all information to the FDA team”, he further added.

The FDA Commissioner also said that Flipkart and Amazon offices will also be investigated to ascertain whether they are also indulging in such activities, for which details are being sought.

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Report: Amazon, Google Lead Global Smart Speaker Market, Apple Stands Fourth

According to market research firm Strategy Analytics, global smart speaker shipments reached 9.2 million units in the first quarter

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Report: Amazon, Google Lead Global Smart Speaker Market, Apple Stands Fourth
Report: Amazon, Google Lead Global Smart Speaker Market, Apple Stands Fourth. Pixabay

Amazon and Google accounted for 70 per cent share of the global smart speaker shipments in the first quarter of 2018, with Apple selling 600,000 HomePods in the period, a new report said on Friday.

According to market research firm Strategy Analytics, global smart speaker shipments reached 9.2 million units in the first quarter.

With 43.6 per cent market share, Amazon shipped an impressive four million smart speakers during the quarter though its global market share nearly halved from the same period in 2017.

Google (26.5 per cent market share with 2.4 million sales) and Chinese e-commerce giant Alibaba (7.6 per cent market share) consolidated their number two and three rankings, while Apple with six per cent share became the fourth largest smart speaker brand worldwide.

Apple stands fourth in Global Smart Speaker Market
Apple stands fourth in Global Smart Speaker Market. Pixabay

“Amazon and Google accounted for a dominant 70 per cent share of global smart speaker shipments in Q1 2018 although their combined share has fallen from 84 per cent in Q4 2017 and 94 per cent in the year ago quarter,” said David Watkins, Director at Strategy Analytics.

This is partly as a result of strong growth in the Chinese market for smart speakers where both Amazon and Google are currently absent.

“Alibaba and Xiaomi are leading the way in China and their strength in the domestic market alone is proving enough to propel them into the global top five,” he added.

You May Also Like: Amazon launches Kindle Lite App for Android in India

Today’s smart speakers are by no means the finished article but they have captured the consumer imagination.

“We are clearly heading towards a time in the not too distant future when voice becomes a standard mode of technology interaction alongside established approaches like keyboard, mouse and touchscreen,” Watkins said. (IANS)

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