Flipkart says 54% growth in sellers on its Marketplace during Independence Day sale - News Summed Up

Flipkart says 54% growth in sellers on its Marketplace during Independence Day sale


During lockdown, the company has onboarded almost 8,000 sellers to its online marketplace, with more than 70% of them coming from smaller townsSellers on the Flipkart Marketplace platform witnessed significant business growth in the company’s recently concluded five-day Independence Day Sale from August 6-10, said Flipkart. During this period, the Flipkart marketplace platform recorded a 54% increase in transacting sellers compared to last year. "The Independence Day Sale event saw participation from sellers primarily from Tier 2 cities and beyond," a statement said. Flipkart is supplementing its onboarding efforts with free business incubation support for new sellers for the first 60 days. The marketplace saw a maximum participation of sellers from New Delhi, followed by Surat, Jaipur, Mumbai, Bangalore, Kolkata, Ghaziabad, Hyderabad, Ahmedabad and Agra.


Source: The Hindu August 14, 2020 12:11 UTC



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