Flipkart Breaks Indian Ecommerce Sales Record

Flipkart saw $210m worth of sales in 24 hours

The Indian ecommerce giant Flipkart has broken the Indian record for the best single day of sales. Doubling the amount of money the company made in the same sale last year, Flipkart has announced that it sold 210 million US dollars’ worth of goods in just one day. Commenting on the astonishing achievement, Flipkart\'s co-founder and CEO Binny Bansal said that it signalled “the evolution of [Indian] ecommerce and its adoption among consumers”. Whilst the success shows that Flipkart can truly compete with Amazon India, Bansal added that the company had spent around 30% of its advertising budget on the sale. The revenue is far more than any company in the US or Europe has made in one day, including during sale periods such as Black Monday. However, this still falls well behind being the world’s largest day of sales, which belongs to Alibaba who took 5 billion US dollars in just the first 90 minutes of the Chinese Singles’ Day sales last year.

The Movers And Shakers - Moving And Shaking

Search and discover everything we've reported on certain brands or industry topics. Follow the trends right before your eyes - and in the blink of eye you know.
Select Country

I would like to receive emails from Webcertain

Please note that:

  • You can edit your preference and unsubscribe at any time
  • Webcertain does not share or sell your data

Individual BASIC

Free

Tools,Webcertain Events
Not Available
Lists,Benchmarks
Not Available
Quizzes,eLearning,eLearning Course
2 per month
Language Guides,How To Guides,Country Guides
2 per month
Access to Webcertain video Tutors.Extra fee applicable
Not Available
Video Briefings,Catch Up TV
10 per month
Access to Customised courses and Examinations.
Not Available
Attendance at Webcertain.TV Connect Events per year
Not Available
Subscribe

Individual PREMIUM

£5

per
month
Cancel Anytime
Tools,Webcertain Events
Not Available
Lists,Benchmarks
Not Available
Quizzes,eLearning,eLearning Course
Unlimited
Language Guides,How To Guides,Country Guides
Unlimited
Access to Webcertain video Tutors.Extra fee applicable
Not Available
Video Briefings,Catch Up TV
Unlimited
Access to Customised courses and Examinations.
Not Available
Attendance at Webcertain.TV Connect Events per year
1 per month
Subscribe

Team GLOBAL

£95

per
month
(up to5 users ) - additional users4.00
Tools,Webcertain Events
Unlimited
Lists,Benchmarks
Unlimited
Quizzes,eLearning,eLearning Course
Unlimited
Language Guides,How To Guides,Country Guides
Unlimited
Access to Webcertain video Tutors.Extra fee applicable
Unlimited
Video Briefings,Catch Up TV
Unlimited
Access to Customised courses and Examinations.
Unlimited
Attendance at Webcertain.TV Connect Events per year
3 per month
Subscribe