Wednesday March 27, 2019
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Snapdeal launches “Shopo”, a mobile based marketplace

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New Delhi, (IANS): Aiming to help small businesses find their customers, e-commerce portal Snapdeal on Wednesday launched “Shopo”, a mobile-based marketplace.

“It is an app platform. It is targeted at small sellers, artisans, individual sellers, and home entrepreneurs. It is a zero commission mobile marketplace with easy registration process and seamless listing where sellers and buyers can chat to buy and sell,” said Snapdeal co-founder and CEO Kunal Bahl.

“It is an open marketplace showcasing various product collections and categories. We target one million shops online in the next one year. It is currently available on iOS and Android,” he added.

Bahl said the company witnessed 30,000 product listings from 4,500 shop-owners in the new platform in the last 30 days.

Snapdeal at present has 150,000 sellers from 500 cities, out of which 30 percent sellers are women. It has an assortment of 12 million products. Around 70-75 percent of its orders are made through mobile.

Saying that the mobile is one of the key drivers fueling the growth of e-commerce in the country, Bahl added: “Currently less than 0.1 percent of the small and medium business (SMB) in India have online presence and Shopo is trying to address this opportunity by creating a platform which is very easy and convenient for the shop owners to set up their shop.”

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E-Commerce Policy: Centre To Regulate Cross-Border Flow Of Data

Restrictions on cross-border flows of data would not apply to data which is not collected in India, business-to-business (B2B) data sent to India as part of a commercial contract between a business entity located outside India and an Indian business entity.

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E-commerce
"India's data should be used for the country's development. Indian citizens and companies should get the economic benefits from the monetisation of data," said the draft policy released by the Commerce Ministry's Department for Promotion of Industry and Internal Trade (DPIIT). Pixabay

The Centre on Saturday released the draft e-commerce policy which proposes the regulation of cross-border flow of data collected by the sector players in India.

The draft policy is now in the public domain for comments and feedback from the stakeholders.

“India’s data should be used for the country’s development. Indian citizens and companies should get the economic benefits from the monetisation of data,” said the draft policy released by the Commerce Ministry’s Department for Promotion of Industry and Internal Trade (DPIIT).

All the data collected by the e-tailers in India and stored abroad should not be made available to other business entities outside the country, for any purpose, even with the customer consent, it said.

E-commerce
The data stored abroad “shall not be made available to a third party, for any purpose, even if the customer consents to it; all such data stored abroad shall not be made available to a foreign government, without the prior permission of Indian authorities,” as per the policy. Pixabay

The data stored abroad “shall not be made available to a third party, for any purpose, even if the customer consents to it; all such data stored abroad shall not be made available to a foreign government, without the prior permission of Indian authorities,” as per the policy.

However, the draft policy provides the government the right to access the data of Indian consumers stored abroad.

“A request from Indian authorities to have access to all such data stored abroad, shall be complied with immediately.”

The government will also prescribe penal consequences if an online retailer violates the rules.

Restrictions on cross-border flows of data would not apply to data which is not collected in India, business-to-business (B2B) data sent to India as part of a commercial contract between a business entity located outside India and an Indian business entity.

Software and cloud computing services involving technology-related data flows, which have no personal or community implications; and multi-national companies moving data across borders, which is largely internal to the company and its ecosystem would not have to follow the regulations.

As per the policy, domestic industrial standards need to be formulated and facilitated for smart devices and IoT (Internet of Things) devices to meet the goals of the country including, consumer protection, secured transactions, enhanced interoperability and ease-of-user interface.

E-commerce
Restrictions on cross-border flows of data would not apply to data which is not collected in India, business-to-business (B2B) data sent to India as part of a commercial contract between a business entity located outside India and an Indian business entity. Pixabay

National standard-setting organisations will be involved in this exercise along with other stakeholders, it said.

Regarding the taxation part, it said that the current practice of not imposing custom duties on electronic transmissions must be reviewed in the light of the changing digital economy and the increased role that additive manufacturing is expected to take.

The FDI policy in e-commerce has been developed in order to ensure that the marketplace provides a level playing field to all participants, it said.

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“A situation of capital dumping is to be strongly discouraged.”

The new FDI norms, which prohibit the e-tailers from selling products of companies in which they have stakes, came into effect on February 1 despite both Amazon and Walmart seeking a six-month delay in their implementation. (IANS)