Alton Tech

Amazon and Flipkart are two of the biggest e-commerce companies in India. They are known for their annual sales, which offer huge discounts on a wide range of products. However, there have been concerns that these sales may be fraudulent. Types of Fraud in Online Sales There are a number of different types of fraud that can occur in online sales, including: Fake discounts: Retailers may advertise fake discounts to entice customers to buy products. For example, a retailer may claim that a product is discounted by 50%, but the product may have never been sold for the full price in the first place. Bait and switch: Retailers may advertise one product, but then send the customer a different product. This is often done with electronics and other high-priced items. Counterfeit products: Retailers may sell counterfeit products instead of genuine products. Counterfeit products are often made with inferior materials and may not be safe to use. Shipping scams: Retailers may charge customers

Amazon is one of the most successful and influential companies in the world, with a market value of over $1.33 trillion as of Sep 2023. It is also one of the Big Five American technology companies, along with Alphabet, Apple, Meta, and Microsoft. Amazon offers a wide range of products and services, from e-commerce, cloud computing, digital streaming, and artificial intelligence, to smart devices, online advertising, gaming, publishing, and more. But how much do you really know about this giant corporation? Here are 10 interesting facts about Amazon that you may not have heard of before. 1. Amazon was founded in a garage and held its meetings at Barnes and Noble. Amazon was founded by Jeff Bezos in 1994, who quit his job as a vice president at a Wall Street firm to pursue his entrepreneurial dream. He started the company in his garage in Bellevue, Washington, and initially named it Cadabra, as in "abracadabra". However, he changed the name to Amazon after his lawyer misheard i