Skip to main content

Walmart and Amazon Face Tougher E-Commerce Rules in India

How will the new rules hurt Walmart and Amazon? The Indian government recently updated its policies for foreign direct investments (FDI) in e-commerce platforms, and the changes could throttle Walmart (NYSE: WMT) and Amazon.com's (NASDAQ: AMZN) growth in the country. The new rules, which go into effect on Feb. 1, will ban online retailers from offering exclusive sales, prevent them from selling products in which they own equity interest, and introduce new restrictions on discounts and cashback offers. The rules are aimed at helping smaller retailers compete more effectively against Walmart's Flipkart and Amazon. The new FDI rules could hurt Flipkart and Amazon in several ways. First, both companies frequently partner with big brands to launch platform-exclusive sales, especially for smartphones. Amazon previously launched an exclusive sale withXiaomi (NASDAQOTH: XIACF), and Flipkart did the same with Oppo. The new rules wil...
Post a Comment

WhatsApp’s annoying new update will make you quit the platform right now




As soon as WhatsApp announces a new update, users get excited and can’t wait to try it out. Things might be different this time.

In an attempt by Facebook to monetize WhatsApp, the service will introduce targeted advertisements, which will be displayed in the Status tab. Clearly, WhatsApp users are quite pissed and reports have suggested that few users are already switching to ad-free based messaging platforms, such as Telegram and Viber.

WhatsApp serial tipster WABetaInfo on Twitter ran a poll, asking followers if they would continue to use the service, after the new Status ads feature goes live. However, 60 percent of users did vote to stick to the platform as they believed these ads were not invasive

WhatsApp’s Status tab is similar to Snapchat’s Stories, wherein users post videos and GIFs which disappear in 24 hours. WhatsApp-owned Facebook says that over 450 million of WhatsApp’s user base is currently using the Status tab feature.

Early this year, one of the co-founders of WhatsApp, Jan Koum left the company. It was believed that the reason for his exit was Facebook’s plan to introduce ads to the messaging platform. Most recently, WhatsApp’s chief business officer Neeraj Arora quit the company after serving for seven years, marking yet another high-profile exit from the popular messaging app.

Labels:

Comments

Post a Comment

Popular posts from this blog

Nike Air Jordan Collabs With Facebook Messenger Bot To Bring Content

Nike teams up with conversational AI project on a Facebook Messenger bot for the Air Jordan brand, targetting a younger audience. The testing of the new Messenger project began around February, when NBA All-Star Weekend has begun and Nike announced the bot is generating open rates of 87%, passing the typical 15% to 20% it sees from emails. Delivering content from the Air Jordan blog, Jordan.com and Jordan Newsweekly, the fare is divided into three categories: shop, Air Jordan and watch. According to the Global Senior Director for the Digital, Dan Harbison, the team is up to two-way conversations enabled by Messenger bots as a massive opportunity. He thinks that People will connect with people much more than they will with a large entity. Harbison added that while he could not offer specific numbers on how many people are using the bot, his team is really happy with the fact that engagement with the bot has remained strong despite it being made available to a wider audience. Th...
1 comment
Read more