E-firms to ensure availability of masks
Print Edition
A SHANGHAI market regulatory body has ordered online discounter Pinduoduo to ensure stable pricing of health products such as medical-style face masks.
The Changning District Administration for Market Regulation said that the availability of such products have become increasingly scarce in the wake of the coronavirus outbreak in Wuhan, capital of central China’s Hubei Province.
The Shanghai-based e-commerce platform was ordered to inform its businesses not to stockpile products or gouge customers, and conduct monitoring on the prices of these products, the administration said on Tuesday.
It was ordered to report abrupt and significant price increases, as well as fake promotions, to the administration.
Pinduoduo said it will take measures to prevent price surges on relevant products, the administration said.
On Alibaba’s online retail platform Taobao, “anti-virus masks” are currently the most searched-for products, with more than 3.1 million queries.
Alibaba’s Tmall online supermarket division is working to increase stocks, although some buyers in select areas may see masks listed as temporarily out of stock.
Some Taobao vendors, however, said they have stopped delivery for the Chinese New Year holiday. Delivery would gradually resume on February 3, said one Shanghai vendor.
The e-commerce giant’s on-demand delivery platform Ele.me said they have also ordered merchants to keep masks price at normal levels and it is actively screening online prices.
JD has partnered with major mask producers like Honeywell and 3M and their supply would go to JD’s warehouse from the factory directly to ensure the fast delivery for customers. JD is also working with multiple suppliers to replenish stockpile.
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