TIWN

Bengaluru, Oct 3 (TIWN) Flipkart on Sunday said it saw a 40 per cent growth in early access sale for Flipkart Plus customers as compared to last year, as the commerce platform kicked off 8th edition of 'The Big Billion Days' (TBBD) festive sales.
Nearly 45 per cent of customer demand has been from tier 3 cities and beyond, signalling a strong preference for high-value goods/items, the commerce platform said in a statement. "This year, TBBD has started off seeing upbeat participation by customers and sellers. We will expand and strengthen our ecosystem of sellers and MSMEs, enabling better income and livelihoods for millions and expand our reach across the country," said Nandita Sinha, Vice President, Customer and Growth, Flipkart. One in five customers has chosen to exchange their smartphone for a new one, with 82.60 per cent of customers choosing to pay for their next smartphone using prepaid payment options. Apple 12 and Apple 12 Mini are currently the favourite smartphone models, accounting for most of the 2 lakh Apple iPhone 12 devices sold so far.
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research