Flipkart outpaces Amazon in sales growth2 min read 15 Aug 2018, 09:50 AM IST
In the six months to 30 June, Flipkart sales jumped by roughly 50% as compared to Amazon India whose sales increased by 35-40%
Bengaluru: The revival in the online retail market has picked up pace this year as the sale events ahead of the September-November festival season drove strong growth at the nation’s two largest e-commerce companies, Flipkart India Pvt. Ltd and Amazon India. Among the two, Flipkart, which owns the fashion retailers, Myntra and Jabong, is growing faster than Amazon, indicating the company is gaining market share over its arch-rival, even as Walmart prepares to close its purchase over the next month.
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