UC News

GOQii, Flipkart settle 'deep discounts' issue with

Walmart-owned Flipkart and GOQii Friday said they have amicably resolved their legal dispute where the health-tech startup had alleged that its products were being sold on the e-commerce platform at deep discounts

GOQii, Flipkart settle 'deep discounts' issue with

Mumbai: Walmart-owned Flipkart and GOQii Friday said they have amicably resolved their legal dispute where the health-tech startup had alleged that its products were being sold on the e-commerce platform at deep discounts. Last month, GOQii had taken the legal recourse against the e-commerce platform over the deep discount issue.

A Mumbai court had, as an interim measure, ordered sales of GOQii devices to be halted on Flipkart. Following the resolution now, GOQii fitness bands will return on Flipkart platform "in the next few days", GOQii founder and CEO Vishal Gondal told PTI.

In a joint statement issued on Friday, the companies said: "We are pleased that GOQii products will be back on the Flipkart platform. Flipkart and GOQii have been in constant communication and have resolved the issue."

Topic: #flipkart
READ SOURCE
Open UCNews to Read More Articles