Flipkart ad lands company in trouble

🌊 In hot water: Flipkart recently landed itself in trouble after being called out for false advertising in its newest ad. The ad starring Amitabh Bachchan claimed that you can only get discounts on mobile phones only through Flipkart and not at local retailers.

🛑 Foul play: The Confederation of All India Traders (CAIT) called foul play over the ad over the fake info and damage caused by Flipkart. The group demanded that Flipkart:

• Take down the ad

• Release a statement that what was said isn’t accurate

Meesho welcomes non-GST sellers: What does that mean?

📦️ What is non-GST: GST stands for Goods and Service Tax, which oftentimes makes goods and services more expensive. A non-GST seller does not need to charge and collect this tax, which could mean that items are much cheaper.

🛍️ Why non-GST: Meesho stated that these non-GST sellers have unique patterns where they are highly motivated and focus on local goods like fashion, electronics, home and kitchen. India’s government eliminated GST registration for small ecommerce businesses, which could balloon to have 10 million sellers in 2027

📈 An entrepreneur’s dream: The move brings more power to entrepreneurs by making costs cheaper, a major advantage with the growing ecommerce industry in India expecting a 55-60% CAGR

Delivery drivers in Southeast Asia are racing to the bottom

One of South East Asia’s most popular trends is having major problems:

• 🛵 Harder working conditions: Driving and deliveries are a dangerous job. Traffic deaths in general in Southeast Asia are about 21 per 100,000 according to the World Health Organization.

• 📦️ Too many delivery apps: The opportunity in Southeast Asia is too good to pass on for some companies, and they’re jumping in on the bandwagon. These new companies try to set themselves apart with lower prices and even faster delivery times, which pinch more from existing drivers.

• 🔻 Horrible earnings: Despite Southeast Asia being the best market for delivery apps, companies like Grab haven’t made a profit. Delivery drivers are also experiencing less and less earnings on their own time.