Advertisement

Flipkart to shut down eBay India soon, to start a new platform for refurbished goods

By: Rohan Pal, The Mobile Indian, New Delhi Last updated : July 24, 2018 4:38 pm

Flipkart CEO Kalyan Krishnamurthy in an email to the company’s employees has revealed that the company will launch a new platform that will be meant to sell refurbished goods in India. eBay India, on its Transition FAQ page, has announced that the website will stop accepting new orders from August 14.
Advertisement

Flipkart is reportedly planning to shut down eBay India operation in India. The company is expected to launch a new platform that will be used to sell and purchase used goods in the country.

 

According to a report by The Economics Times, Flipkart CEO Kalyan Krishnamurthy in an email to the company’s employees has revealed that the company will launch a new platform that will be meant to sell refurbished goods in India.

 

“Based on our learnings at eBay.in, we have built a brand new value platform launching with refurbished goods — a large market which is predominantly unorganised. With Flipkart’s customer base and F1 Info Solutions & Services in our group portfolio, I believe that we can solve the key barriers to refurbished — trust & convenience — at scale. We will keep evolving and bringing newer formats, categories and features which cater to the needs of our value-conscious middle India,” the email said.

 

Advertisement

Further, eBay India, on its Transition FAQ page, has announced that the website will stop accepting new orders from August 14 and sellers can only list new items till the end of July 31. To recall, Flipkart acquired eBay India operation in April last year. The e-commerce giant has also raised a total of $1.4 billion from Tencent, eBay and Microsoft.

 





You might like this

 

0 Comments

Login with

Mobile Finder