Exactly 1 Month Remaining In Flipkart’s Big Billion Day Sell II 2015 Lets Share Some News /info/Articles

No online retailer in India will be even half Flipkart’s size by March 2016
, a senior executive said, firing back at Snapdeal which claimed that
it is on track to dethrone the Bengaluru-based company as the market leader.
This year, the contest is expected to be particularly fierce because online retailers are backed by stores of investor money like never before. Bansal, who cofounded Myntra, said Flipkart is aiming to sell goods worth $100 billion in 5-7 years, by which time he predicted that the retail industry would be worth $1 trillion with online sales accounting for 15-20 per cent of the total. “We will have more than 70 per cent market share that will help us cross $100 billion,” he said.