Paytm Mall sees 3X jump in transactions during festive sale
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Paytm Mall sees 3X jump in transactions during festive sale

E-commerce platform Paytm Mall Friday said it has seen a three-fold jump in transactions during the first four days of its festive sale, driven by categories like mobile phones, laptops and groceries. Paytm Mall claimed that its platform has already received 50 million visitors this month and the increased traffic has contributed to higher sale for the Alibaba and SoftBank-backed entity. We have received an overwhelming response...with over 50 million visitors coming to the platform. Categories such as mobile phones, laptops, appliances, consumer electronics and groceries continue to be hugely popular among the buyers, Paytm Mall Vice President Srinivas Mothey told PTI. He added that the platform has witnessed over 30 per cent increase in the gross merchandise value (GMV) during the first four days of the sale (October 9-12). Interestingly, during this sale we have also seen a lot of buyers coming from tier II and III cities who are first time buyers...EMI and bank offers have ...

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