Festive season widens offline - online rift on smartphones - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Festive season widens offline - online rift on smartphones

Online channels captured a record 58% of smartphone sales in the third quarter of the calendar year that includes the festive season, according to an IDC India report. While the growth in the online channel remained flat, sales in the offline segment fell 20% on-year on low demand and aggressive pricing on ecommerce platforms, IDC added.

from Industry-Economic Times
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