Here is the new update about Flipkart, that was released by CEO Krishnamurthy officially. This e-commerce site will explore another platform to display used products for resale to needed customers. Flipkart will soon shut down eBay and plan to create a new source for old products users.
Flipkart Will Shut eBay in India
Till now, OLX is the famous site that everyone knows to get second-hand products with low cost. Now there is another website listed in e-commerce for used goods. These goods are going to handle by the team of eBay with Flip Kart interference. This new plan will get implemented from 14th August 2018 as per the report was given by Flip Kart CEO. Before going to explore the items, Both Flip Kart and eBay will make the agreement about interest rates and investment rate.
Flipkart Refurbished Products Sale
eBay is the best corner for US-based Products that will get more sale in India. There will be a new proposition formula that was initiated while comparing with Flip Kart. In 2017, eBay sold it’s USe Business to Flip Kart for $500million and mingled together. More than 11 items are already listed in eBay site and they are initiated with the price RS.4999. Mostly Smartphones with various brands like Lenovo, Nokia, Red mi, Apple, Moto and One Plus will have top listed products under refurbished goods.