Times of India — NEW DELHI: India’s e-commerce companies including Flipkart, Snapdeal and Jabong need to gear up for stricter norms on data security, confidentiality of personal information and consumer protection as the country prepares to implement regulatory processes prevalent in a regional trade block. The government is looking at accepting the best practices of sectors as part of the negotiations on joining the RCEP even as it is yet to take a call on opening up the sector completely to foreign investors.
Here’s the answer to India’s who-is-first ecommerce debate: the Flipkart-Myntra combo leads the race with 26 million unique visitors in July 2014. Jabong, with 23.5 million unique visitors, is a surprisingly close second, and Amazon is third with 16.9 million unique visitors, according to a study by the Associated Chambers of Commerce and Industry of India (Assocham) and ComScore. These numbers do not include visitors accessing the sites using mobile internet and mobile apps.