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News

Flipkart, Amazon discuss with IRCTC potential expansion to 21 million users

Tuesday 18 November 2014 14:18 CET | News

Amazon and the Indian online retailer Flipkart are in talks with the government-owned portal Indian Railway Catering & Tourism Corporation (IRCTC), to leverage the rail portal’s existing database of more than 21 million consumers.

Revenue from online ticketing on IRCTC exceeded the combined sales of Flipkart and Amazon India in 2013, iamwire.com reports. It generated USD 2.5 billion (INR 15,410 crore) through online ticket sales in the last financial year, up 24% from the previous financial year.

In 2013, IRCTC partnered with Yebhi.com and many product categories like electronics, clothes and home furnishings were sold on the IRCTC website. But Yebhi has shut its ecommerce shop in 2014 and has become a product discovery portal.


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Keywords: Flipkart, Amazon, IRCTC, expansion, 21 million users, agreement, partnership, reach
Categories: Payments & Commerce
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Countries: World
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