• About
  • Contact
Thursday, June 30, 2022
  • Login
Next Big Brand
  • .
  • News
  • Marketing
  • Tech
  • Insight
  • Interviews
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • CRYPTOCURRENCY
  • Retail
No Result
View All Result
Next Big Brand

Flipkart Reaches 10 Million Shipments During This Festive Sale

Pritish raj by Pritish raj
October 22, 2020
in News
Reading Time: 2 mins read
A A
0
IMG 20201003 192653 1024x498 1

The festive season for Flipkart and Amazon has brought a record-breaking rise in traffic and transactions. The first phase of the selling of the festive season concluded on October 21 and during the six-day period, The Big Billion Days or TBBD claimed to witness 110 order placements per second.

Though more than 666 million visits were reported on the website, as per Flipkart’s press release, more than 52 percent of these visits came from tier III cities and beyond.

In terms of sellers’ attendance, the Bengaluru-based business saw a 50 percent rise compared to last year. However, no related indicators, such as the number of sales, gross merchandise value, or GMV, were disclosed by the firm.

With over 3.5 million shipments delivered by its Kirana partners, the Walmart-controlled firm claims to have delivered 10 million shipments in the first five days of the festive sale. The largest-selling categories on the platform were cell phones, apparel, large appliances, electronics, and furniture.

This was the first completely virtual TBBD, as we adapted to the advent of a ‘new normal’ and its success comes on the back of the hard work of our teams across verticals and locations,” said Nandita Sinha, vice president of consumer growth & engagement at Flipkart.

The mobile segment recorded 2X growth in customers visiting the category this year, whereas fashion and large appliances accounted for almost 51% growth in customers from Tier II markets.

Amazon, on the other side, claims more than 1,10,000 sellers have received an order on the platform out of which 66% came from tier II & III cities during The Great India Festival. Similar to Flipkart, top sold categories at Amazon were smartphones, large appliances, and consumer electronics.

“More than 66% of new prime member sign-ups during Prime Early Access were from tier II & III cities,” said Amazon in a press statement.

The festive season sales were critical for both Amazon and Flipkart, hurt by the Covid-19 triggered pandemic. Amazon infused Rs 1,125 crore in internal funding just before their flagship sales, while Flipkart also completed a $1.3 billion round from Walmart, Tencent, and the Qatar Investment Authority.

US-based market analysis company Forrester’s study projected GMV revenues to be approximately $6.5 billion, a 34 percent year-over-year rise compared to last year’s figure, with more than 55-60 million online customers expected to participate in the transaction.

Previous Post

Former Tesla CIO Jay Vijayan’s startup Tekion Turns Unicorn

Next Post

India Is Fastest Growing OTT Market With 28.6% Annual Growth: PwC

Pritish raj

Pritish raj

Pritish Raj is a content writer at Next Big Brand. Hailing from the diversified state of Bihar, he is an engineer by education who chooses the way of poetry, photography, and writing to kick off his career. Highly enthusiastic about brands and startups, he aims to be a travel content creator.

Related Posts

Metawhale Team
Cryptocurrency

World’s First NFT Museum Launched By Metawhale World

June 30, 2022
WhiteHat Jr Ads- Next Big Brand
News

Byju’s-owned WhiteHat Jr Lays Off 300 Employees

June 29, 2022
Reliance CEO Mukesh Ambani
Industries

Mukesh Ambani Resigns as Director of Reliance Jio, Son Aakash Ambani Named Chairman

June 28, 2022
png 20220628 164551 0000
Cryptocurrency

Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys

June 28, 2022
20220627 152251 0000
News

Proptech Startup PropShare Raises $47 Million Led by WestBridge Capital

June 27, 2022
images 9 17
Cryptocurrency

Christiano Ronaldo and Binance Announce NFT Partnership

June 24, 2022
Next Post
Top OTT Platforms In India April 2020 Report 1

India Is Fastest Growing OTT Market With 28.6% Annual Growth: PwC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

BROWSE BY TOPICS

Acquiring amazon Apple Brands brand story Byjus byjus news byjus the learning app Cryptocurrency Edtech Startups Elon Musk facebook fintech news Flipkart funding google Indian Crypto Startups Indian OTT Platforms Indian Unicorn Indian Unicorns Indian Unicorns of 2021 Mukesh Ambani Netflix NFT NFT Collection NFT India Non Fungible Tokens Ola OYO Paytm Reliance Retail Startup Acquisition Startup IPO startup news india startups in india Swiggy Tiktok Twitter Unicorns of 2022 Unicorns of India Unicorn Startups Upgrad WazirX YouTube Zomato
check more news on that pages youtube converter, filme online 2022, filme porno mature, porno amatoriale, nxnxx.org, https://xvideosxnxx.org, https://xoxporn.net

Instagram

Follow Me!

Recent News

  • World’s First NFT Museum Launched By Metawhale World
  • Byju’s-owned WhiteHat Jr Lays Off 300 Employees
  • Mukesh Ambani Resigns as Director of Reliance Jio, Son Aakash Ambani Named Chairman

Latest News

Metawhale Team

World’s First NFT Museum Launched By Metawhale World

June 30, 2022
WhiteHat Jr Ads- Next Big Brand

Byju’s-owned WhiteHat Jr Lays Off 300 Employees

June 29, 2022
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA Policy
  • Our Team
  • Contact Us
  • Sitemap

© 2019 NBB. All Rights Reserved.

No Result
View All Result
  • .
  • News
  • Marketing
  • Tech
  • Insight
  • Interviews
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • CRYPTOCURRENCY
  • Retail

© 2019 NBB. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.