India’s Snapdeal has added over 60,000 vendor partners in the last two years and the number of products listed with the company rose by 5 crore during that period, said Rajnish Wahi, senior vice president, corporate communications. Online shopping’s share in the retail business is only 2-3 per cent, and is expected to rise to 10 per cent by 2025, he said.
Snapdeal has more than 5 lakh registered vendors who have more than 200 million products in the market, Wahi told a news agency.India's Snapdeal has added over 60,000 vendor partners in the last two years and the number of products listed with the company rose by 5 crore during that period, said Rajnish Wahi, senior vice president, corporate communications. Online shopping's share in the retail business is only 2-3 per cent, and is expected to rise to 10 per cent by 2025, he said.#
More than 80 per cent of the company’s customers are from non-metro cities. So, the company is paying more attention to the customers who believe in purchasing value products for daily use rather than the expensive products, he said.
India’s retail business segment is currently worth ₹56 lakh crore, which will be worth ₹138 lakh crore by 2025, he said.
More than 25,000 vendors of Rajasthan are selling their products through the portal, he added. (DS)
Fibre2Fashion News Desk – India
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