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

SBI Simplifying KYC Process

SBI’s research arm noted that the RBI’s decision to maintain the policy rate reflects a balanced approach amid global uncertainties, supported by stable liquidity and external conditions State Bank of India (SBI)

UPI Powers Digital Revolution

New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptions are pushing the platform from a payment tool to a full-fledged embedded finance ecosystem Unified

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India

Nykaa Expands Global Footprint with UK Debut

To commemorate this significant global debut, Nykaa’s leadership hosted an exclusive soiree at the George Club in Mayfair, London Nykaa, India’s leading beauty and lifestyle destination, is set to make a grand
Go toTop

Don't Miss

Navy may ink Rs 90,000 cr deals for 26 Rafale, 3 Scorpene subs 

The Indian Navy is looking to induct the three submarines

CAA Notification Bristles Oppn

Opposition alleges that the BJP is trying to divide society