Flipkart said it witnessed more than 70 vendors becoming crorepatis and around 10,000 became lakhpati through early access and the first three days of the e-commerce firm’s Big Billion Days (BBD) holiday sale. More than 300,000 sellers of which about 60 percent belong to level 2 and beyond the cities …
Read More »Reverse Migration Drives Holiday Ecommerce Sales to Tier 2, 3 Cities
Bangalore: India’s top two e-retailers saw a surge in new shoppers from smaller cities in the first two days of holiday sales, thanks to discounts, reverse migration of metro customers, and credit products. Walmart-backed Flipkart and Amazon India have seen sales more than double in the first 48 hours compared …
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