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40% e-sellers likely to exit Snapdeal over dues

40% e-sellers likely to exit Snapdeal over dues

Friday, March 10, 2017, 10:47 AM
In a big blow to the embattled e-tailer, 40% of the 2,000 online merchants who are part of the AIOVA, have stopped selling on Snapdeal, asking the company to clear their dues.Earlier, AIOVA claimed that about Rs 400 crore in dues, was stuck with Snapdeal. About 40% of sellers have stopped doing business on Snapdeal due to multiple issues, including nonpayment of dues.
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