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Mobile Dominates Online Sales in Market

  • Trak.in, Friday, January 16, 2015 12:55 PM

The year 2014 has been a great year for Indian ecommerce. From Flipkart’s $11 Billion valuation to Snapdeal’s recent $627 million investment, from Myntra’s acquisition toAmazon’s $2 Billion investment in India, Indian e-commerce market has seen exponential growth in all corners of the sector. The Indian eCommerce industry, one of the fastest growing markets, currently pegged at Rs. 68,000 Crore ($11 Billion) is expected to cross Rs. 1, 25,500 Crore ($20 Billion) in 2015. The biggest contributor to this growth can be attributed to mobile. With over 50% of the sales coming from mobile and set to grow even more, Indian mobile commerce is poised to reach unprecedented heights. Among the eCommerce companies in India Flipkart is the undisputed market leader in the Indian E-commerce scenario with sales close to $2 Billion but companies like Snapdeal, Amazon are not very far behind.

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