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The Confederation of All India Traders on Thursday urged Union Finance Minister Nirmala Sitharaman to ban Chinese e-commerce company Shopee
KUALA LUMPUR: Shopee concluded the region’s most joyful year-end celebration, 12.12 Birthday Sale, with visits surging six times on Dec 12 compared to an average day.
The Confederation of All India Traders on Thursday urged Union Finance Minister Nirmala Sitharaman to ban Chinese e-commerce company Shopee, which it claimed to be operating in India against FEMA Rules and FDI Press Note of 2020.
Shopee could give tough competition to Amazon, Flipkart and Meesho. It has grabbed 100,000 orders a day in India and has more than 1 million app installs on the Google Play Store. Industry sources said Amazon and Flipkart average 2-2.5 million orders per day.