Amazon sees growth in telephone, fashion segments in festival sale, terms it 'greatest-ever' sale – Firstpost

New Delhi: E-commerce main Amazon on Sunday mentioned its ongoing festive gross sales have been the "greatest until date", pushed by sturdy growth in segments like smartphones, giant home equipment and fashion.

Representational image. AP

Representational picture. AP

Amazon's 4-day festive sale, which commenced on 21 September, clashed with these by rivals Flipkart and Paytm. "We have now seen 2.5X growth in smartphone gross sales, 4X improve in giant home equipment and 7X in fashion gross sales. That is our greatest-ever sale," Amazon India vice chairman-class administration Manish Tiwary instructed PTI. He added that there was a secular growth throughout classes. "Greater than 85 p.c of the brand new prospects who got here to our platform for the primary time have been from tier-II and -III cities," he mentioned.

Tiwary mentioned Amazon acquired orders from places like Leh and Lakshadweep, that are troublesome terrains to service. "Our focus has been on getting individuals to buy on-line. They store on-line not only for higher worth but additionally higher choice and comfort," he mentioned.

Amazon, which is locked in an intense battle for management in the Indian market, has made vital investments over the previous few years in strengthening its logistics and infrastructure operations in the nation. It has been increasing the merchandise obtainable on its platform as properly.


Revealed Date: Sep 25, 2017 07:24 am | Up to date Date: Sep 25, 2017 07:24 am

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Amazon sees growth in telephone, fashion segments in festival sale, terms it 'greatest-ever' sale - Firstpost