Flipkart’s chief executive officer Kalyan Krishnamurthy said that the company has been witnessing an order growth rate of 20-25% in May, and plans to take it to 30% by this June.
Krishnamurthy reportedly said at Flipkart’s town hall meeting yesterday that the company’s growth in orders and customers has been largely driven by the fashion business across Flipkart and Myntra.
Citing the CEO, an ET report said that Flipkart’s fashion category accounts for almost 40% of its overall new customer additions.
On its quick commerce operations, Krishnamurthy said that each day two new dark stores are being added and Flipkart is racing to lock in its share of India’s high-growth hyperlocal market.
This comes at the heart of his recent statement that to take its dark close to 800 by the end of this year.
(The story will be updated soon.)
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