Public Relations

eBay India expects 35% business growth

Online trading platform eBay India today said its India business is likely to grow by over 35 per cent on the back of increasing participation from semi-urban and rural areas. - eBay India expects above 35% growth in business - eBay launches Global EasyBuy - Forbes Marshall targets 15% business growth in FY10 - Schwing Stetter India says its 2009 growth to be negative - What makes eBay India tick? - eBay starts auction of celebrity memorabilia "According to some estimates, the industry growth is 30-35 per cent. We expect to grow above this level. We see a great deal of interest coming from users in semi-urban and rural areas," eBay India Director (Marketing) Kashyap Vadapalli told reporters here. At present, eBay has around 30-lakh registered users in the country, out of which nearly 20-lakh are active users, Vadapalli said. According to a study conducted by eBay, India"s top five e-commerce hubs are Delhi, Mumbai, Chennai, Jaipur and Bengaluru, with Delhi at the top followed by Mumbai. In total, India has over 2,400 e-commerce hubs, with the IT hubs of Andhra Pradesh, Tamil Nadu, Kerala, Maharashtra and Gujarat being the most wired states, originating most of the e-commerce transactions, he said. The study also found that the country has 226 export hubs, where Indian entrepreneurs sell a variety of products to millions of eBayers in 172 countries across the globe.


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