Flipkart Wholesale festive season sales surge 9.5%

Flipkart Wholesale, a leading B2B omnichannel marketplace, saw its total sales surge 9.5% during this year’s festive season compared with the same period last year.

During this festive season, its Home Textile and Seasonal Décor category witnessed a 50% growth, while Luggage and Baggage saw a 20% increase, driven by robust corporate demand, Flipkart Whole said in a statement on Thursday.

Early in the season, consumers gravitated toward affordable gifting options, but as festivities approached, there was a noticeable shift towards premium gifts, the company said.

The Sweets and Namkeen gifting range achieved 25% growth, while the Savoury and Biscuits category recorded 21% growth. Both Home Care (Cleaning Products) and Winter Care categories experienced an exceptional 100% growth, the company reported.

‘‘The company saw a positive EBITDA, highlighting increased sales and improved profitability for Flipkart Wholesale and its customers,” it said.