Flipkart social commerce biz Shopsy's revenue grew 4x on festive purchases

Shopsy, which competes with players such Meesho, DealShare, BulBul, GlowRoad, Mall91, and simsim is on track to enable over 25 million online entrepreneurs by 2023.

Flipkart’s social commerce platform Shopsy, said it continues to witness strong growth through its consumers, sellers and resellers from across the country. Backed by festive fervor, the platform has seen 3.6x growth in new app downloads, crossing the 10 million mark on the play store, within five months of its launch. Since July 2021, Flipkart said Shopsy has received an overwhelming response from consumers and resellers across the country who hopped onto the platform for their ‘shop & earn’ needs.

“With the (new) 200 million digital consumers coming from Tier 2 and 3 cities, we want to build a community