Browsing: Seller

MUMBAI: Amazon’s seller tally has hit a new high, and the numbers are doing the selling. Amazon India’s seller base has crossed the 20-lakh mark, with more than 3 lakh sellers joining Amazon.in, marking the marketplace’s strongest year-on-year growth in seller numbers in three years.

Amazon and Flipkart have introduced penalties for sellers who cancel orders or miss dispatch deadlines, weeks before the festive sale rush, Business Standard reported. The penalties come months after both platforms publicised cuts to seller fees, and they hit sellers when order volumes and cancellation risks are at their yearly peak. Amazon’s graded cancellation fee…