Meesho plans 'price drop' amid e-tail discount scrutiny

Ecommerce platform Meesho, which has raised capital from investors such as SoftBank and Fidelity, has told sellers and suppliers in a communication earlier this week that it will give a “price drop” on its own in a sale event on Thursday.Meesho’s communication to sellers comes at a time when foreign-owned larger rivals such as Amazon India and Walmart's Flipkart are under scrutiny for discounts offered on their platforms.Described as "What's