Flipkart sees tier 3 markets as new frontier for e-commerce ANI | Updated: Dec 18, 2020 12:27 IST
Bengaluru (Karnataka) [India], December 18 (ANI): E-commerce marketplace Flipkart said on Friday it witnessed a new user growth of close to 50 per cent right after the lockdown with tier 3 regions registering the highest growth of 65 per cent during the unlock (July to September) phase.
Unified Payments Interface (UPI) adoption on the Flipkart platform increased nationally by 4.5 times from January to August with Maharashtra taking the lead with a 5.2 times growth.
Andhra Pradesh, Telangana, Kerala, Karnataka and Tamil Nadu were the other states that were at top of the list for UPI adoption on the Flipkart platform.
»
Flipkart shares new data on how the Indian heartland is turning into a big business for the e-commerce giant
Flipkart shares new data on how the Indian heartland is turning into a big business for the e-commerce giant
Sanchita DashDec 18, 2020, 13:04 IST
BCCL
The Walmart-owned Indian e-tail giant continues to place its focus on India’s Tier 2 and Tier 3 markets.
Termed as ‘Bharat’, the segment is being targeted by all major retailers to capitalise on India’s next 200 million internet users for the next phase of growth.
Flipkart said that it has seen a staggering 65% new user growth from Tier 3 markets after the COVID-19 lockdown restrictions were lifted. Walmart-owned Flipkart has its eyes set on India’s Tier-2 and Tier-3 markets, which is increasingly becoming a favourite for all online retailers in the country.
Flipkart Witnesses 35 Per Cent Rise In Sellers This Year
The pandemic has led to millions of people turning to e-commerce in 2020, not only in metros but also in tier III regions and beyond, says Flipkart
PTI 18 December 2020 File photo outlookindia.com 2020-12-18T17:47:32+05:30
Walmart-owned Flipkart on Friday said it has registered close to 35 per cent increase in sellers onboarded in 2020 as compared to last year, and has seen strong adoption of its platform by sellers as well as customers from tier II regions and beyond.
With the need for social distancing and prioritising safety, the pandemic has led to millions of people turning to e-commerce this past year, not only in metros but also in tier III regions and beyond, Flipkart said in a statement.
Flipkart sees 35% rise in sellers this year
Consumers from tier II and beyond regions also spent the most time on the platform, signaling a continuing rise in user engagement and a shift in shopping preferences, it added. PTI December 18, 2020 / 05:05 PM IST
Walmart-owned Flipkart on December 18 said it has registered close to 35 percent increase in sellers onboarded in 2020 as compared to last year, and has seen strong adoption of its platform by sellers as well as customers from tier II regions and beyond. With the need for social distancing and prioritising safety, the pandemic has led to millions of people turning to e-commerce this past year, not only in metros but also in tier III regions and beyond, Flipkart said in a statement.
Pittsburgh Unites to Protect Residents, Small Businesses, and Community Assets Proud to Protect is a Rallying Call for the Region in COVID-19 Battle
News provided by
Share this article
Share this article
PITTSBURGH, Dec. 18, 2020 /PRNewswire/ With an increase in COVID-19 cases in southwestern Pennsylvania – and the threat of spikes resulting from holiday gatherings – Pittsburgh region employers are coming together to create Proud to Protect Pittsburgh. Launching today, the public service campaign is a rallying call for Pittsburghers regionwide to be champions of safe, smart ways to protect each other; the economy; and the assets that make southwestern Pennsylvania unique, especially during the holidays.