Flipkart, Amazon may generate $3 billion in Diwali sales2 min read . Updated: 05 Sep 2018, 09:52 AM IST
Flipkart and Amazon are hard at work to make their Diwali shopping festivalsBig Billion Days and Great Indian Festival, respectivelya success
Bengaluru: Top online retail firms led by Flipkart and Amazon may generate as much as $3 billion of sales during the five-day festive season face-off between the country’s largest e-commerce firms next month, according to a new report from Red Seer Consulting. The gross merchandise value (GMV) generated in India’s e-commerce business during Diwali may touch $2.5-3 billion this year, according to the report. This would imply that sales during this festive season would effectively double from last year.
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