What is WS retail in Flipkart?

What is WS retail in Flipkart?

Flipkart founders Sachin Bansal and Binny Bansal founded WS Retails and later sold it to investors. Earlier, WS Retail was Flipkart’s in-house vendor and used to generate a bulk of its revenue before Flipkart turned into a marketplace.

What happened to WS retail?

WS Retail stops selling on Flipkart. One of the largest sellers on Flipkart, WS Retail, has stopped selling its products on the e-commerce major’s online platform. This comes after government regulations barred sellers on online marketplaces from contributing over 25% of sales by volume.

Are products on Flipkart original?

In the case of product reviews on Flipkart, always look for Certified Buyer reviews as these have been contributed by verified buyers of the product. If the listed products have positive reviews left by Certified Buyers, you can rest assured that they are not fake products.

How do you know if the product is original on Flipkart?

Check the product review and seller rating While checking the product reviews on Flipkart, always look for Certified Buyer reviews. If the product which you are planning to buy has positive reviews by Certified Buyers, it’s a genuine product.

Who is SuperComNet?

SuperComNet, owned by Shreyash Retail has been selling smartphones including exclusives from Motorola, Apple, Xiaomi, while OmniTech Retail owned by Consulting Rooms has sold large appliances like televisions and washing machines on the portal.

Is Cloudtail owned by Amazon?

Cloudtail India is a wholly-owned subsidiary of Prione Business Services. Prione is a joint venture between Catamaran and Amazon. As a result, Amazon had to reduce its stake from 49% to 24% in Cloudtail and Appario, the two top sellers on its marketplace.

Is Flipkart trusted site?

India’s homegrown e-commerce player Flipkart is now the most trusted Indian e-tailing brands but rival Amazon offers better user experience, according to a recent study. But Amazon trumped Flipkart in user experience, found the survey based on responses of 7,500 online shoppers across 30 cities.

What is meant by F assured?

Under F-Assured, Flipkart will promise improved delivery service and a stricter quality check of products, among other things, according to two people familiar with the company’s plans. It will replace an existing programme called Flipkart Advantage and be free to customers.

Is flipkart trusted site?

Who is owner of SuperComNet?

Shreyash Retail
SuperComNet, which is owned by Shreyash Retail has been selling smartphones on Flipkart, including exclusives from Motorola, Apple, Xiaomi. Consulting Rooms-owned OmniTech Retail has sold large appliances like televisions and washing machines on the ecommerce platform.

What is Truecom retail?

TrueComRetail Flipkart Seller is trusted by more than fifty thousand Flipkart customers in India. The TrueComRetail main office branch located in Delhi and word trademark filed on 11th July 2016 in Delhi IP office. The trademark was registered to sane retails privately limited.

Why is Cloudtail closing?

BENGALURU/NEW DELHI : It’s the end of the road for Cloudtail India Pvt. Narayana Murthy’s Catamaran Ventures and Amazon India decided to end their seven-year-old partnership amid rising government scrutiny into operations of US e-commerce firms for alleged violations of foreign investment rules.

What is WS Retail in Flipkart?

Ws retail is retail entity of Flipkart. Cloudtail of Amazon. Flipkart purchases products from sellers in bulk , keeps them in their warehouse and dispatches the orders as and when those products are ordered. Purchasing in bulk helps them get products at wholesale as well as have full share (commision charged for listing+ rest amount).

Is Flipkart a wholesaler or a retailer?

While Flipkart is the Web Name WS retail is the name for the the Company accounts and all other legal stuff. Flipkart could be termed as a brand for ws retail. As per the government’s rule, a Wholesaler cannot sell products to the end consumers directly. There has to be a retailer between them.

Who is the owner of WS Retail?

WS Retail is owned by Flipkart, here Flipkart usually purchase products in bulk and sell the products to customers by the seller name of WS Retail. As Flipkart is funded by angel investors they do not have any problem in procuring as many products as they want. Similarly CloudTail is invested by Mr.Narayan Murthy 51% and 49 % by Amazon.

What is Cloudtail of Amazon and Flipkart?

Cloudtail of Amazon. Flipkart purchases products from sellers in bulk , keeps them in their warehouse and dispatches the orders as and when those products are ordered. Purchasing in bulk helps them get products at wholesale as well as have full share (commision charged for listing+ rest amount).