Flipkart denies allegations made by Marco Wagon
Flipkart has denied the allegations made by one of its major vendors, Marco Wagon Retail, of non payment of dues and damages of around Rs. 20 crore.
Flipkart denies allegations made by Marco Wagon / Flipkart
As reported by The Times of India, Marco Wagon alleged in a legal notice that it was asked by Flipkart to import Sketchers shoes from China, as the dealing would allow it to sell Sketchers products at much higher discount on the online marketplace, due to higher margins.
The Drum spoke with a Flipkart spokesperson who said: “All allegations made by Marco Wagon are incorrect. We have already initiated appropriate legal proceedings, including criminal action against Macro Wagon and the matter is subjudice.”
Flipkart was acquired by Walmart last month, in a deal which is being valued around $18bn-20bn.