Over 70 Flipkart sellers become crorepatis in first 3 days of sale; 5k Amazon sellers clock Rs 10 lakh sales
Team Udayavani, Oct 20, 2020, 11:18 AM IST
E-commerce major Flipkart on October 18 said over 70 sellers on its platform turned crorepati and around 10,000 of those became lakhpati through early access in the first three days of ‘The Big Billion Days’ sale. Of these, about 60 per cent of sellers were from tier-2 cities and beyond.
It said that during October 16 and 17, Flipkart Wholesale and the Best Price stores witnessed more than 35,000 retailers and 18,000 kiranas operating in fashion, fashion accessories, and grocery categories.
As reported by Financial Express, While Amazon claimed the first 48 hours of its Great Indian Festival (GIF) to be “the biggest ever opening for its sellers and brand partners”, Flipkart said that its sellers’ growth in around two days of The Big Billion Days equaled their growth during the six days of last year’s sale.
Amazon claimed that more than 5,000 sellers registered sales worth Rs 10 lakh in the first 48 hours of the sale, out of which 66 percent of sellers who got orders belong to Tier-II & III cities.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
In U-turn, global brokerage CLSA shifts focus back to India, cuts China exposure
India to clock 7.2 pc growth in 2024, RBI to hold interest rates steady this year: Moody’s
If data doesn’t suit them, they’ll change it altogether: Cong’s swipe at govt over Goyal’s remarks
Sensex drops 110pts, Nifty falls for 6th day on FII selling, inflationary concerns
USD 1 trillion a year needed for developing nations by 2030: High-Level Group on Climate Finance
MUST WATCH
Latest Additions
ICC begins Trophy Tour for Champions Trophy in Pakistan, POK cities dropped
PM Modi, Shah spreading lies that Rahul Gandhi is against reservation, alleges Priyanka
Mangaluru: Eight years after demonetisation, temples still receive Rs 500 & Rs 1000 notes in donation box
CM Siddaramaiah to inaugurate Bengaluru Tech Summit on Nov 19
Rahul Gandhi makes promises, flies abroad, only BJP fulfils what it guarantees: Shah
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.