The special thing is that the company has apologized for its mistake and has requested the customers to cancel their orders. If this does not happen, there could be a loss of around Rs 35 crore.
According to the report, this incident happened on the evening of 28th August. The company received more than 40 thousand orders online in just 20 minutes. As soon as people came to know that the price of washing machine has come down significantly, people rushed to buy it.
Little Swan is very popular in China. When people saw the low prices of washing machines online, they started placing orders quickly. It is being said that the pricing went wrong due to the mistake of an employee of the company. If people do not cancel their orders, he may have to suffer losses.
If the online orders were delivered, the company would suffer a loss of 30 million yuan. In fact, the total value of washing machine orders was around 70 million yuan, while customers paid only 40 million yuan. It is being told that a washing machine which was priced at 1699 Yuan, was available to the customers for 299 Yuan. People ordered another machine worth 2499 yuan for 439 yuan.
As soon as the company admitted its mistake, many customers canceled their orders. However, it is not yet clear how many customers canceled their orders later and how many orders were delivered at lower prices.