Online retailer Flipkart has reached a new milestone in terms of registered users. As per the company, Flipkart has now reached 75 Million registered users milestone.
Flipkart now has highest number of registered users in India. It has largest user base across all online marketplace in India. Over 50% of the traffic on Flipkart comes from non-metros.
With 75 million users, Flipkart’s registered customer base stands at over 60% of the entire wireless and wireline broadband connections in India. The figures released by TRAI in March 2016 put the number of broadband connections in the country at around 121 million. This announcement closely follows another recent milestone where Flipkart became the first Indian app to have crossed the 50 million installs mark on the Android Playstore.
As per the report from Morgan Stanley in February 2016, Flipkart has over 45% market share of online shopping. As per report, the 45% market share is equivalent to combined market share of Snapdeal, Amazon and PayTM.
