Update: Flipkart writes in to explain why they've made this change: "The decision to exclude the wallet for physical product purchases is due to the following reasons: - This is a temporary change until we get the required government approvals to run a marketplace wide wallet - The Flyte wallet will continue as a closed loop wallet only for digital purchases - Running a single seller wallet on the marketplace would have led to a bad customer experience - given our aggressive plans to scale up the number of sellers in the future." Update: It appears that Flipkart's marketplace is live, but we can't be too certain. On all product pages, we found that a clear mention of what are called "sellers". The only thing is that for every product that we looked up - see watches, games, music, toasters, movies, books, the seller was a company called WS Retail, which was believed to be a part of the Flipkart group, before a restructuring took place. It is believed that Rajeev Kuchhal bought WS Retail earlier this year. Deepak Abbot informs us that Flipkart has multiple sellers in the computer accessories and gadget categories: @nixxin they seem to have multiple sellers on computer accessories and gadget categories twitter.com/deepakabbot/st…— Deepak Abbot (@deepakabbot) April 6, 2013 Earlier: Online shopping major Flipkart.com has restricted its users from using new wallet top-ups to transactions on Flyte, its digital goods store, an email it sent to its wallet users indicates. (see below; Hat tip: @anupamsaxena)…
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...