Ecommerce firms sell goods worth Rs 24,000 crore in festive opening
In short
Ecommerce companies sold goods worth Rs 24,000 crore in the first two days of festive sales, according to a Redseer estimate cited by Economic Times ETtech. The report says Amazon and Flipkart are using their quick-commerce units more and that GMV was 4 to 5 times the usual daily average.
This matters for online retailers and shoppers because the festive season started strongly. The report does not break down sales by company or explain how long the spike will last.
What the reporting says
Ecommerce firms sold goods worth Rs 24,000 crore in the first two days of festive sales, according to a Redseer estimate cited by Economic Times ETtech. The summary says Amazon and Flipkart are using their quick-commerce arms more heavily and that platform GMV was 4 to 5 times the business-as-usual daily average. The immediate implication is a strong early festive start, though the reporting does not give company-by-company sales figures.
Why it matters
The first two days of festive sales brought ecommerce firms Rs 24,000 crore in goods sold, based on a Redseer estimate cited by ETtech. The summary also says Amazon and Flipkart are leaning on quick-commerce arms and that GMV ran at 4 to 5 times the usual daily average. The reporting suggests strong demand, but it does not provide company-wise numbers or say whether the pace will hold.