Flipkart claims to have crossed the platinum number of 75 million registered users, making it the first online retail marketplace to reach this milestone in a single country after United States and China.
As per TRAI, number of broadband connections in India stands at 121 million and Flipkart’s registered customer base stands at over 61% of the entire wireless and wire-line broadband connections in India.
Recently Flipkart had crossed the 50 million installs mark on the Android Playstore.
As per Morgan Stanley report, Flipkart enjoys a plum 45% market share which is equivalent to the combined market share of the next three players and 60% market share of mobile commerce. The same report also states that the number of online shoppers in India stands at 50 million.
Question for Flipkart:
- Is Flipkart bigger than total number of shoppers online?
The February 2016 report by Morgan Stanley puts the number of online shoppers in India at 50 million, while the Assocham- PwC report of March 2016 said 55 million people purchased something online in 2015, while Flipkart is claiming 75 million user base.