Walmart’s Flipkart to launch wholesale e-commerce service in India
On Wednesday, Flipkart announced that it would launch an online wholesale service for Kirana stores and other small businesses in India.
The Walmart-owned company (WMT) said that it plans to compete with Amazon (AMZN) and other retail giants in the e-commerce market.
Flipkart said that the “Flipkart Wholesale” smartphone app would be available in the cities of Bengaluru, Gurugram, and Delhi. The company plans to expand the app up to 20 more cities by the end of 2020.
“Flipkart Wholesale is a one-stop solution for the retail ecosystem which will offer Indian businesses a wide selection of products at significant value, powered by technology and with an aim to grow their business. The platform is currently available for fashion retailers, especially footwear and apparel, in Gurugram, Delhi, and Bengaluru, with plans to expand to Mumbai as well,” Flipkart said in an official statement.
Flipkart added that it would list more than 200,000 products in two months and have 50 brands and 250 local manufacturers in the next few days.