Retailers selling online have long had a difficult time competing with brick-and-mortar stores, and the biggest reason is the price.
The latest report shows that Kbb, a online retail store that caters to Indian consumers, is selling online for as little as $0.03.
Kbb has its roots in a startup called the Indian Retail Consortium, or ISCC, which is a collaboration between the retail giant and Indian retail brands.
The online retailer is the only one that can sell online in India.
For the past four years, Kbb has been selling online through its own store and partnering with retailers such as Wal-Mart and Amazon.
Kbb is a subsidiary of Flipkart, a company that has been expanding into offline retailing for over a decade.
The retail store also sells online and offline merchandise.
In India, KBB is available at over 400 retailers.
For example, Kukulwara Bazar in Kochi, Uttar Pradesh, is a popular destination for shoppers looking for new clothes, accessories and electronics.
But this year, Kubbabazaar in Kochiyapur, the main hub of the town, saw its number of shoppers drop from 10,000 to 4,000.
The company has been trying to lure more customers online.
In April, Kibhia Online, an online clothing and fashion store, launched an ecommerce site, KIBHia, to cater to Indian customers.
Kibia has also launched a loyalty program to attract online shoppers.
A spokesperson for Kibheel said that Kibhai, a website offering clothing and accessories, is currently in talks with about 100 retailers and that they would be launching the service soon.
The spokesperson added that the company will be launching its first ecommerce store in 2019.
Online retailer Flipkara has been aggressively expanding its online retail presence.
In March, Flipkarena, a mobile commerce platform, announced that it will open its first brick- and-mortal store in Kochiya in 2019, to serve its Indian customers who are looking for apparel and accessories.