The data was shared exclusively with Moneycontrol. Our partnership with banks, sellers and ecosystem partners allow us to add further value through exchange offers, no-cost EMI, instant bank discounts among others, " said an Amazon spokesperson.īengaluru-based Dataweave counts Japanese ad-tech firm FreakOut Group and domestic venture capital firm Blume Ventures among its investors. Our investment in technology and infrastructure have allowed them to save costs and consistently offer great prices to customers. "Sellers decide the price of their products on Amazon. This is a far cry from discounts in the 60-70 percent range that the two companies advertise across electronics and appliances categories on their platforms during the sale period to lure customers. Interestingly, on Amazon and Flipkart at least 2.5 percent and 3.1 percent of electronic products also had a price hike during the period under review respectively. While Amazon had 72.1 percent of the products at discounted price, Flipkart had just 63.7 percent of smart TV's on discount.
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Smart TV interestingly had a different pattern.
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