The comment comes after Flipkart chief Kalyan Krishnamurthy told Reuters Amazon was losing relevance in the country
US online giant Amazon said its festive season sale in India had got off to a strong start, with three times the number of people signing up to shop in the first two days compared to last year.
Amazon and homegrown Indian rival Flipkart, owned by Walmart, kicked off competing sales events on Wednesday, jostling to grab shoppers in India’s October-December festive season when households make most big-ticket purchases.
“We are particularly excited by the three times higher new customer and Prime sign ups,” Amit Agarwal, Amazon’s India head said on Friday, adding the site is becoming the destination of choice for existing and new customers across India.
The comment comes after Flipkart chief Kalyan Krishnamurthy, late on Wednesday, told Reuters Amazon was losing relevance in the country.
Amazon and Flipkart are locked in a battle to dominate an Indian e-commerce market tipped, within a decade, to be worth $200 billion annually, according to Morgan Stanley.