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Smartphone sales slump, white goods lose sheen online

Smartphone sales slump, white goods lose sheen online

Friday, April 14, 2017, 6:58 AM

Online smartphones sales went flat last year after a three-year surge, reviving spirits in the brick-and-mortar trade. On top of that, e-commerce sites failed to make any significant headway in white goods such as refrigerators and air-conditioners despite online marketplaces trying hard to make a dent in the segment. Share of online sales of smartphones grew just a percentage point to 32% in 2016.
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