Fashion is one of the fastest growing categories in India's rapidly growing e-commerce market and eBay eyes to grow its lifestyle category including fashion, home furnishing and baby products.
“We don't speculate on acquisitions. eBay India is focused on providing a wider selection and choice of products to our 5.2 million buyers. We have over 30 million listings across 2,000 product categories including electronic, lifestyle, media and collectibles. We remain committed to growing our lifestyle category, which includes fashion, home furniture and furnishing, baby products,” a company spokesperson said.
eBay entered India in 2004 by acquiring auction site Bazee.com and has posted revenue of 132.10 crore in fiscal 2015. (NA)
Fibre2fashion News Desk - India