September 26, 2022
1 min read

Amazon India witnesses record Prime sign-ups

In the first 36 hours, small and medium businesses, startups, artisans, women entrepreneurs sold around 10 lakh unique products to customers across the country…reports Asian Lite News

E-commerce major Amazon saw the single largest day of Prime sign-ups — 1.9 times higher than last year with 68 per cent coming from tier 2 and 3 cities in India — in the first 36 hours of its Great Indian Festival sale.

More than 500 million Indians had access to cash back and EMI offers on Amazon.in with 50 per cent more customers opting for EMI or Pay later over last year during the festive sale, the company said in a statement.

“We are humbled by the increase in new Prime member sign ups and customers shopping across categories as they trust Amazon as their preferred online shopping destination”, said Manish Tiwary, Vice President and Country Manager, India Consumer Business, Amazon.

In the first 36 hours, small and medium businesses, startups, artisans, women entrepreneurs sold around 10 lakh unique products to customers across the country.

Amazon.in saw single largest day of Prime sign ups; 1.9X higher than last year with 68 per cent coming from Tier 2 & 3 cities

More than 500 million Indians had access to cashback and EMI offers on Amazon.in with 50 per cent more customers opting for EMI or Pay later over last year

Smartphones, consumer electronics, fashion and groceries categories attracted most new customers and Amazon saw high demand for laptops and 5G smartphones.

“More than 60 per cent sales for Amazon Fashion came from Tier 2 and 3 cities. Amazon Business witnessed 50 per cent growth in customers and 100 per cent orders in the last 36 hours,” said the company.

The overall sales in the first festive week is likely to touch $5.9 billion this year.

Bengaluru-based Redseer has predicted $11.8 billion worth gross merchandise value (GMV) during the entire festive month up to Diwali.

ALSO READ: App to provide real time data on charging stations

Previous Story

Tata Group in rejig mode

Next Story

Festive joy for Flipkart

Latest from Business

PM Modi: India poised to lead next tech wave

PM Modi underscored that the country is poised to lead the next wave of digital transformation in 5G…reports Asian Lite News Prime Minister Narendra Modi on Wednesday hailed India’s progress in expanding

India Hits 100GW Solar

The expansion is not only in scale but also in quality, with significant capacity dedicated to high-efficiency modules. Many manufacturers have adopted vertically integrated operations, enhancing quality, reducing costs, and improving resilience

Jewellery Exports Shine Bright

The GJEPC noted that product diversification has played a major role in sustaining momentum. Lightweight and contemporary designs are gaining traction among younger global consumers, helping Indian jewellers appeal to a wider

China Curbs Hit India’s Electronics Boom

The ICEA noted this results in delays, inefficiencies, and higher costs — alternatives from Japan or Korea cost up to four times more than Chinese machinery. India’s transformation into a global electronics
Go toTop

Don't Miss

Banking fears spread across global markets

Shares of embattled Swiss lender Credit Suisse were down by

Siraj’s Sensational 6-fer Leads India to Asia Cup Victory

Siraj grabbed his five-wicket haul in 16 balls by getting