Image Source: Inc42

After acquiring the Indian operations of the online retailer e-Bay in March 2017, Flipkart has now decided to shut down eBay India’s official website with a view to launch its own platform for selling refurbished goods. The online shooping giant who recently joined hands with Walmart will now be seen tapping into the refurbished goods market. According to company’s Chief Executive Kalyan Krishnamurthy, “With Flipkart’s customer base and F1 Info Solutions & Services in our group portfolio, I believe that we can solve the key barriers to refurbished — trust & convenience — at scale.” Further he also said that, “Our endeavour will be to ensure that all the eBay sellers and customers migrate to the new platform over time with a remarkably enhanced experience.”

Source: Inc42

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