Flipkart minted 1,400 Crore via Festive Sale
Flipkart minted 1,400 Crore via Festive Sale:- Flipkart claims that this Monday it had a tremendous sale and E-Commerce giant almost minted 1,400 crore. This is the highest sale in E-commerce business ever. It gave India a new largest retailer among all other retailers. Flipkart has beaten up all its rivals and has set a benchmark.
The Big Billion Day
The big billion day was sale that created and marked history and sold flipkart products and gave a revenue about 1,400 crore.
This big billion day started from 2nd October and remain till 6th October. The E-commerce giant marked this milestone on October 3rd.
Flipkart and its rivalry
Flipkart is an online website for purchase of products. It was founded in 2007 by Sachin Bansal and Binny Bansal. It is registered in Singapore and has its headquarters is in Karnataka, India. Both its co-founder worked in Amazon.com and they decided to leave the job and opened their own company. Now they have about 33,000 people in their company.
2014 The Big Billion Sale was a disaster
Notably, in a report 2014 there was a big billion day sale which was not successful. Flipkart team asked an apology for their not up to the mark performance. In that year, (on a particular day) 1.5 million people shopped on Flipkart and results did not come according to the expectations of Flipkart. ‘Out of stock’ was the issue at that time.
This year this Big Billion Day created a milestone for its company as well as for others. This time their service was up to the mark as they put their all effort for making their customers happy and satisfied, and also gave India a new retailer by making a huge sale.