E-com festive sales pick up post GST tailwind
Sales on Amazon, Flipkart, and other marketplaces jumped 23–25% year-on-year in the first two days of festive e-commerce events, according to Redseer Strategy Consultants, marking one of the best years for online shopping. Sales are growing twice as fast as last year, led by demand for premium smartphones and TVs, which gained from sizeable GST benefits.
