Commerce firms slug it out as festival season starts India's two largest e commerce players wish to use the nation's biggest festive sales season this week to bolster their valuations as they seek fresh capital and look to fend off Amazon's growing inroads into the domestic market.
As India's Flipkart coupled with Snapdeal, Strong sales during India's same as the US Black Friday usa black friday sale 2015 sales could give both companies some leverage in their current push for investment capital. Flipkart is already in talks with retail giant Wal Mart Stores and a strong showing of sales during this black friday appliances week could give it more reducing leverage. Snapdeal is also on the point of raise fresh capital to defend its turf. "Our teams deal with the clock during Big Billion Days, Said an agent for target black friday ad Flipkart, Adding large amounts of are outdoor camping in office for the week, And working 14 18 hour days in a bid preserve frenzied demand. All three companies say their sales seasons have so far won, But did not reply to how the sales momentum is stacking against their own internal targets. Flipkart says it included 2.25 million units in the first 12 hours from 5 day sale, Which kicked off on thursday. Its closest opposition Amazon India said it sold 1.
5 million units in the first 12 hours of its sale that began black friday store ads on end of. Amazon said its first day of sales was three times raised above the related first day sales last year while second day sales were five times higher. Snapdeal said available 2 million users logged in on the first hour of its sales, Fabricating more than 180 orders per second at launch.
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