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E-commerce portals like the Chinese tech giant Alibaba have escaped India’s digital strike against 59 apps in the face of increasing tensions on the Ladakh border.
However, the Alibaba-supported UCWeb e-commerce app has been added to the list of banned Chinese apps in India.
Alibaba’s B2B platform, alibaba.com, which started operations in India in 2008, has millions of registered buyers and sellers across the country. According to the company’s analysis, India ranks second in the top 20 buyer distribution list and first in the top 10 global seller distribution.
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Currently, Alibaba.com works with a global network of 150 million registered users connecting Indian SMEs with buyers around the world. The top three categories of trade in India through Alibaba.com include Gemstones and Jewelry, Textiles and Apparel, Beauty and Personal Care.
“Our main focus is on introducing Indian traders to the world. We bring products from Indian SMEs on our platform to consumers not only in India but also in China and then in Southeast Asia. We want to bring users around the world access to some of the best and most unique products and content, ”the tech giant said in a statement.
Alibaba’s other e-commerce portal, AliExpress.com, was not added to the list of banned apps, despite the platform previously being accused of evading customs fees by marking the products shipped to India as gifts and keeping their prices well below that Average price were given.
Previously, real gifts imported into India within the price range of Rs 5,000 were tax exempt. However, last year the government banned the duty-free import of gifts, including those ordered through e-commerce portals based abroad.
Interestingly, the other popular e-commerce portals Shein and Club Factory, which were banned in India, have also been charged with similar crimes and have lost millions of registered users. Your Google downloads have dropped 90% since the Indian government’s April Press Release 3, in 2020 calling for companies based in countries they share a border with to seek regulatory approval for FDI.