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Amazon Gets Alternate Sellers in Place For Selling Products

The largest e-commerce site Amazon gets new rules to remove its key grocery service and remove a wide range of products such as sunglasses and floor cleaners. In December last year, India modified foreign direct investment rules for its burgeoning e-commerce sector, which has drawn major bets from not only Amazon.com but also the likes of Walmart Inc, which last year bought a majority stake in homegrown e-commerce player Flipkart. India’s new e-commerce investment rules bar online retailers from selling products via vendors in which they have an equity interest, and…

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