ShopClues to enter unboxed gadgets segment, eyes doubling GMV - News Summed Up

ShopClues to enter unboxed gadgets segment, eyes doubling GMV


ShopClues has over 20 million listed products, with five lakh merchants and 7,000 online brand stores. Photo: Pradeep Gaur/MintMumbai: Online marketplace ShopClues is entering the unboxed and refurbished electronic gadgets category and aims to double its gross merchandise value with a customer count of 9 million by the end of 2017-18. “With a focus on the ‘re-new’ gadgets category, ShopClues is structuring the massive opportunity around unboxed and refurbished electronics,” said Radhika Aggarwal, co-founder and chief business officer, ShopClues.com. ShopClues currently services 30,000 PIN codes and is targeting a GMV of about Rs20,000 crore by the end of 2017-18. The e-commerce company will be among the first marketplaces to enter the refurbished electronic gadgets category.


Source: Mint August 06, 2017 09:11 UTC



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