US-based Amazon on Friday said it has witnessed a 250 per cent year-on-year growth in bringing new sellers on board as it looks to tap into the booming ecommerce market in India. The company, which is making multi-billion dollar investments in India, has over 85,000 sellers on board.
“We started with 100 sellers three years ago and now we have over 85,000 sellers growing at 250 per cent year-on-year and adding over 90,000 products a day,” an Amazon India spokesperson said. Amazon, which competes with the likes of Flipkart and Snapdeal, has cut its commissions by 25-30 per cent across categories like mobile phones, etc.
“We think these revised rates can significantly help sellers to perform even better and succeed in their business. In addition, we continue to innovate and offer best in class services such as Fulfilment by Amazon, Easy Ship, Seller Flex, etc to help them with fulfilment/logistics so that they can focus on their business,” the Amazon spokesperson said.