wordpress blog stats
Connect with us

Hi, what are you looking for?

123Greetings ships 0.12M gifts in Q2-FY15; Mobile e-cards up 43%

The number of mobile e-cards sent through 123Greetings' mobile apps grew by 42.8% sequentially to 0.24 million cards for the quarter ended September 30, 2014, from 0.17 million in the previous quarter. 123Greetings had launched its iOS and Android apps in Q3-FY14 and it claims to have registered 0.29 million cumulative app downloads until now, up from 0.19 million in the previous quarter. E-commerce business The company's online gifting e-commerce business 123Greetings Store also witnessed a significant growth on a yearly basis: It shipped 0.119 million orders for the quarter, nearly triple of 0.04 million orders in the same quarter last year. In the previous quarter, the company had shipped 0.116 million orders. While the company hasn't disclosed any information on the average orders per day for the quarter, as per our calculations, it is around 1322 orders per day, up from 1,290 orders per day in the previous quarter and up nearly three fold from 444 orders per day in the same quarter last year. The active vendor base grew to 974 vendors for the quarter, from 729 vendors in the same quarter last year and 873 vendors in the previous quarter. 123Greetings currently offers 0.17 million products (171,538 products) for sale through 0.67 million listings (671,810 listings) across its website & other marketplaces. Note that these numbers are from the pre-holiday quarter and with this, 123Greetings has entered its most important quarter, with both Indian (Diwali) and US (Christmas) festive period happening in this period. It's worth noting that 123Greetings had also appointed an undisclosed investment…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

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...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ