Cab-hailing services have seen a slight drop, food ordering and grocery delivery start-ups have seen a slight increase in business
Bengaluru/New Delhi: The withdrawal of high-value notes from circulation has had a mixed impact on the country’s online businesses. Sales at e-commerce companies, which are heavily dependent on cash payments, have suffered badly while digital payment start-ups have seen a sharp rise in daily transactions. Others such as cab hailing services have seen a slight drop while food ordering and grocery delivery start-ups have seen a slight increase in business.
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